STORM ERICHSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STORM ERICHSEN HOLDING ApS
STORM ERICHSEN HOLDING ApS (CVR number: 21419796) is a company from FREDERIKSBERG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 54 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. STORM ERICHSEN HOLDING ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.30 | -3.31 | -36.84 | ||
EBIT | -3.30 | -3.31 | -36.84 | -17.84 | -8.39 |
Net earnings | 27.99 | -4.10 | 1 118.68 | - 214.78 | 53.99 |
Shareholders equity total | 304.14 | 300.04 | 1 305.71 | 1 090.94 | 1 144.93 |
Balance sheet total (assets) | 1 159.89 | 1 159.62 | 1 619.71 | 1 413.17 | 1 492.94 |
Net debt | 246.86 | 228.14 | -1 305.72 | -1 090.94 | -1 144.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 2.4 % | 82.5 % | -12.8 % | 5.4 % |
ROE | 8.1 % | -1.4 % | 139.3 % | -17.9 % | 4.8 % |
ROI | 4.6 % | 2.4 % | 82.8 % | -12.9 % | 5.4 % |
Economic value added (EVA) | 26.98 | 35.86 | 15.73 | -2.57 | 7.80 |
Solvency | |||||
Equity ratio | 26.2 % | 25.9 % | 80.6 % | 77.2 % | 76.7 % |
Gearing | 280.5 % | 285.7 % | 23.3 % | 29.5 % | 30.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 5.2 | 4.4 | 4.3 |
Current ratio | 0.8 | 0.8 | 5.2 | 4.4 | 4.3 |
Cash and cash equivalents | 606.39 | 628.94 | 1 609.71 | 1 413.17 | 1 492.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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