Strandgade DK ApS — Credit Rating and Financial Key Figures

CVR number: 42746703
Langelinie 25, 5230 Odense M

Credit rating

Company information

Official name
Strandgade DK ApS
Established
2021
Company form
Private limited company
Industry

About Strandgade DK ApS

Strandgade DK ApS (CVR number: 42746703) is a company from ODENSE. The company recorded a gross profit of 288.7 kDKK in 2024. The operating profit was 277.3 kDKK, while net earnings were 50.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Strandgade DK ApS's liquidity measured by quick ratio was 2.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit253.88248.14288.68
EBIT242.49236.76277.30
Net earnings84.4330.4850.39
Shareholders equity total124.43154.91205.30
Balance sheet total (assets)5 034.395 043.515 119.18
Net debt4 492.374 559.154 496.02
Profitability
EBIT-%
ROA5.0 %4.8 %5.6 %
ROE67.9 %21.8 %28.0 %
ROI5.0 %4.8 %5.6 %
Economic value added (EVA)188.05-61.97-29.56
Solvency
Equity ratio2.5 %3.1 %4.0 %
Gearing3801.3 %3044.7 %2301.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.92.6
Current ratio2.42.92.6
Cash and cash equivalents237.52157.32229.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.56%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.01%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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