INNO STEEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNO STEEL A/S
INNO STEEL A/S (CVR number: 20707739) is a company from JAMMERBUGT. The company recorded a gross profit of -21 kDKK in 2023. The operating profit was -21 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNO STEEL A/S's liquidity measured by quick ratio was 186.9 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 | -11.14 | -37.15 | 8.45 | 26.41 | -20.98 |
EBIT | -11.14 | -65.12 | -64.84 | 26.41 | -20.98 |
Net earnings | 94.39 | 30.09 | -7.32 | 76.81 | 6.96 |
Shareholders equity total | 7 616.06 | 7 646.15 | 7 638.83 | 2 215.64 | 2 222.61 |
Balance sheet total (assets) | 10 692.19 | 7 790.48 | 7 656.77 | 2 240.47 | 2 234.57 |
Net debt | -1 487.55 | -5 521.13 | - 558.99 | -22.38 | -0.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 0.5 % | -0.0 % | 2.3 % | 1.3 % |
ROE | 1.2 % | 0.4 % | -0.1 % | 1.6 % | 0.3 % |
ROI | 2.1 % | 0.5 % | -0.0 % | 2.3 % | 1.3 % |
Economic value added (EVA) | - 208.31 | - 205.12 | - 154.54 | - 337.95 | - 126.59 |
Solvency | |||||
Equity ratio | 71.2 % | 98.1 % | 99.8 % | 98.9 % | 99.5 % |
Gearing | 40.1 % | 0.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 39.6 | 315.1 | 90.2 | 186.9 |
Current ratio | 3.5 | 39.6 | 315.1 | 90.2 | 186.9 |
Cash and cash equivalents | 4 544.93 | 5 581.54 | 558.99 | 22.38 | 0.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | A | B | B |
Variable visualization
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