INNO STEEL A/S — Credit Rating and Financial Key Figures

CVR number: 20707739
Ø Svenstrup Mark 3, 9460 Brovst
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Company information

Official name
INNO STEEL A/S
Established
1997
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.14-37.158.4526.41-20.98
EBIT-11.14-65.12-64.8426.41-20.98
Net earnings94.3930.09-7.3276.816.96
Shareholders equity total7 616.067 646.157 638.832 215.642 222.61
Balance sheet total (assets)10 692.197 790.487 656.772 240.472 234.57
Net debt-1 487.55-5 521.13- 558.99-22.38-0.08
Profitability
EBIT-%
ROA2.1 %0.5 %-0.0 %2.3 %1.3 %
ROE1.2 %0.4 %-0.1 %1.6 %0.3 %
ROI2.1 %0.5 %-0.0 %2.3 %1.3 %
Economic value added (EVA)- 208.31- 205.12- 154.54- 337.95- 126.59
Solvency
Equity ratio71.2 %98.1 %99.8 %98.9 %99.5 %
Gearing40.1 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.539.6315.190.2186.9
Current ratio3.539.6315.190.2186.9
Cash and cash equivalents4 544.935 581.54558.9922.380.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAABB

Variable visualization

ROA:1.29%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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