Strong Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Strong Group A/S
Strong Group A/S (CVR number: 27757596) is a company from FAVRSKOV. The company recorded a gross profit of -762.1 kDKK in 2020. The operating profit was -762.1 kDKK, while net earnings were 5754.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Strong Group A/S's liquidity measured by quick ratio was 344.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.34 | -98.83 | - 247.64 | -25 537.57 | - 762.13 |
EBIT | -18.34 | -98.83 | - 267.00 | -25 537.57 | - 762.13 |
Net earnings | 25 630.29 | 9 559.26 | 17 630.73 | 506 546.93 | 5 754.58 |
Shareholders equity total | 31 630.29 | 16 085.34 | 33 768.79 | 239 315.73 | 224 070.31 |
Balance sheet total (assets) | 60 280.73 | 63 259.54 | 79 362.03 | 246 563.34 | 226 218.07 |
Net debt | 10 499.85 | 31 670.89 | 37 506.46 | -29 266.26 | -2 123.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.5 % | 15.8 % | 25.1 % | 311.0 % | 3.1 % |
ROE | 81.0 % | 40.1 % | 70.7 % | 371.0 % | 2.5 % |
ROI | 42.5 % | 18.1 % | 29.4 % | 322.5 % | 3.2 % |
Economic value added (EVA) | -14.27 | 2 680.75 | 1 034.11 | -23 726.12 | -11 142.09 |
Solvency | |||||
Equity ratio | 52.5 % | 25.4 % | 42.6 % | 97.1 % | 99.1 % |
Gearing | 90.6 % | 197.0 % | 119.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 39.5 | 344.6 |
Current ratio | 0.7 | 0.7 | 0.7 | 39.5 | 344.6 |
Cash and cash equivalents | 18 145.59 | 24.92 | 2 728.96 | 29 266.26 | 2 123.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | B | BB |
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