ST ForretningsUdvikling ApS — Credit Rating and Financial Key Figures

CVR number: 38072269
Eirsvej 35, 3000 Helsingør
kontakt@planeven.com
tel: 31199695
https://planeven.com
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Company information

Official name
ST ForretningsUdvikling ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales258.6657.9484.1866.50216.03
Gross profit60.52-67.2037.89-42.8825.61
EBIT60.52-67.2037.89-42.8825.61
Net earnings48.03-67.2037.68-44.9719.28
Shareholders equity total138.4471.24108.9265.0373.02
Balance sheet total (assets)150.1574.58120.26107.4698.63
Net debt-66.83-55.94-9.03-54.31-79.21
Profitability
EBIT-%23.4 %-116.0 %45.0 %-64.5 %11.9 %
ROA55.2 %-59.8 %38.9 %-37.7 %24.8 %
ROE44.4 %-64.1 %41.8 %-51.7 %27.9 %
ROI55.9 %-64.1 %42.1 %-49.3 %37.1 %
Economic value added (EVA)44.11-74.1534.31-50.3516.24
Solvency
Equity ratio92.2 %95.5 %90.6 %60.5 %74.0 %
Gearing
Relative net indebtedness %-21.3 %-90.8 %2.7 %-17.9 %-24.8 %
Liquidity
Quick ratio12.822.310.62.53.9
Current ratio12.822.310.62.53.9
Cash and cash equivalents66.8355.949.0354.3179.21
Capital use efficiency
Trade debtors turnover (days)95.317.7425.1250.425.4
Net working capital %53.5 %123.0 %129.4 %97.8 %33.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:24.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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