ST ForretningsUdvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ST ForretningsUdvikling ApS
ST ForretningsUdvikling ApS (CVR number: 38072269) is a company from HELSINGØR. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 224.9 % compared to the previous year. The operating profit percentage was at 11.9 % (EBIT: 0 mDKK), while net earnings were 19.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.8 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ST ForretningsUdvikling ApS's liquidity measured by quick ratio was 3.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 258.66 | 57.94 | 84.18 | 66.50 | 216.03 |
Gross profit | 60.52 | -67.20 | 37.89 | -42.88 | 25.61 |
EBIT | 60.52 | -67.20 | 37.89 | -42.88 | 25.61 |
Net earnings | 48.03 | -67.20 | 37.68 | -44.97 | 19.28 |
Shareholders equity total | 138.44 | 71.24 | 108.92 | 65.03 | 73.02 |
Balance sheet total (assets) | 150.15 | 74.58 | 120.26 | 107.46 | 98.63 |
Net debt | -66.83 | -55.94 | -9.03 | -54.31 | -79.21 |
Profitability | |||||
EBIT-% | 23.4 % | -116.0 % | 45.0 % | -64.5 % | 11.9 % |
ROA | 55.2 % | -59.8 % | 38.9 % | -37.7 % | 24.8 % |
ROE | 44.4 % | -64.1 % | 41.8 % | -51.7 % | 27.9 % |
ROI | 55.9 % | -64.1 % | 42.1 % | -49.3 % | 37.1 % |
Economic value added (EVA) | 44.11 | -74.15 | 34.31 | -50.35 | 16.24 |
Solvency | |||||
Equity ratio | 92.2 % | 95.5 % | 90.6 % | 60.5 % | 74.0 % |
Gearing | |||||
Relative net indebtedness % | -21.3 % | -90.8 % | 2.7 % | -17.9 % | -24.8 % |
Liquidity | |||||
Quick ratio | 12.8 | 22.3 | 10.6 | 2.5 | 3.9 |
Current ratio | 12.8 | 22.3 | 10.6 | 2.5 | 3.9 |
Cash and cash equivalents | 66.83 | 55.94 | 9.03 | 54.31 | 79.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 95.3 | 17.7 | 425.1 | 250.4 | 25.4 |
Net working capital % | 53.5 % | 123.0 % | 129.4 % | 97.8 % | 33.8 % |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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