STORAGER ASSET HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29220697
Østre Havnevej 31, 5700 Svendborg
sl@storasset.dk
tel: 63216667

Credit rating

Company information

Official name
STORAGER ASSET HOLDING ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About STORAGER ASSET HOLDING ApS

STORAGER ASSET HOLDING ApS (CVR number: 29220697) is a company from SVENDBORG. The company recorded a gross profit of -44.1 kDKK in 2023. The operating profit was -47.8 kDKK, while net earnings were 349.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. STORAGER ASSET HOLDING ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit299.34221.31390.4626.25-44.15
EBIT47.06-8.97-46.77-10.80-47.79
Net earnings2 925.503 188.411 489.15-97.32349.61
Shareholders equity total17 172.8614 757.3516 247.387 602.614 355.43
Balance sheet total (assets)31 166.8229 649.2727 713.9615 597.619 356.63
Net debt13 491.7715 732.5612 520.367 243.614 909.69
Profitability
EBIT-%
ROA12.6 %12.7 %7.7 %3.7 %4.4 %
ROE18.6 %20.0 %9.6 %-0.8 %5.8 %
ROI12.7 %12.9 %7.8 %3.8 %4.5 %
Economic value added (EVA)397.38485.75396.59264.33103.07
Solvency
Equity ratio52.5 %47.3 %55.5 %48.7 %46.5 %
Gearing89.0 %108.3 %77.5 %95.5 %114.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.10.90.2
Current ratio0.90.91.10.90.2
Cash and cash equivalents1 789.28249.2464.3816.6968.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.38%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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