STEEN & STRØM DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEEN & STRØM DANMARK A/S
STEEN & STRØM DANMARK A/S (CVR number: 19950905) is a company from KØBENHAVN. The company reported a net sales of 61.3 mDKK in 2023, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was poor at -13.4 % (EBIT: -8.2 mDKK), while net earnings were -494.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. STEEN & STRØM DANMARK A/S's liquidity measured by quick ratio was 37.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.04 | 47.44 | 45.08 | 57.12 | 61.27 |
Gross profit | 0.01 | 18.61 | 13.23 | 29.84 | 29.65 |
EBIT | -0.02 | -11.24 | -14.69 | -9.50 | -8.21 |
Net earnings | 0.22 | - 189.33 | 184.29 | 47.47 | - 494.23 |
Shareholders equity total | 3 410.47 | 3 182.13 | 3 406.01 | 3 572.87 | 3 031.93 |
Balance sheet total (assets) | 5 003.17 | 4 716.43 | 4 962.30 | 5 095.60 | 3 993.74 |
Net debt | - 778.54 | 1 504.61 | 1 536.15 | 1 470.05 | 921.57 |
Profitability | |||||
EBIT-% | -43.1 % | -23.7 % | -32.6 % | -16.6 % | -13.4 % |
ROA | 0.0 % | -3.0 % | 4.7 % | 1.8 % | -9.9 % |
ROE | 0.0 % | -5.7 % | 5.6 % | 1.4 % | -15.0 % |
ROI | 0.0 % | -3.6 % | 4.7 % | 1.8 % | -10.0 % |
Economic value added (EVA) | -0.10 | 43.69 | 52.12 | 72.21 | 85.45 |
Solvency | |||||
Equity ratio | 68.2 % | 67.5 % | 68.6 % | 70.1 % | 75.9 % |
Gearing | 46.3 % | 47.3 % | 45.4 % | 41.5 % | 30.4 % |
Relative net indebtedness % | -1811389.2 % | 3230.9 % | 3431.5 % | 2646.4 % | 1569.8 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.4 | 51.2 | 37.6 |
Current ratio | 1.5 | 1.4 | 1.4 | 51.2 | 37.6 |
Cash and cash equivalents | 2 358.93 | 1.53 | 9.28 | 11.23 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2 535.6 | 14.0 | |||
Net working capital % | -3734932.9 % | 1450.2 % | 1432.5 % | 3620.6 % | 2391.9 % |
Credit risk | |||||
Credit rating | BBB | A | AA | AA | A |
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