RØDOVRE STÅL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RØDOVRE STÅL A/S
RØDOVRE STÅL A/S (CVR number: 26000688) is a company from HERLEV. The company recorded a gross profit of 263.3 kDKK in 2023. The operating profit was -100.1 kDKK, while net earnings were -95.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RØDOVRE STÅL A/S's liquidity measured by quick ratio was 7.2 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 | 644.22 | 385.52 | 359.98 | 110.60 | 263.31 |
EBIT | 287.09 | 23.30 | -2.37 | - 251.02 | - 100.08 |
Net earnings | 225.31 | 12.36 | -5.96 | - 252.22 | -95.26 |
Shareholders equity total | 1 559.17 | 1 515.53 | 1 452.57 | 1 142.34 | 988.09 |
Balance sheet total (assets) | 1 769.49 | 1 670.51 | 1 510.23 | 1 190.18 | 1 111.18 |
Net debt | -1 285.82 | -1 201.66 | -1 041.37 | - 804.47 | - 810.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | 1.4 % | -0.1 % | -18.6 % | -8.3 % |
ROE | 15.3 % | 0.8 % | -0.4 % | -19.4 % | -8.9 % |
ROI | 19.5 % | 1.5 % | -0.2 % | -19.3 % | -8.9 % |
Economic value added (EVA) | 203.98 | 1.58 | -18.14 | - 271.68 | - 117.06 |
Solvency | |||||
Equity ratio | 88.1 % | 90.7 % | 96.2 % | 96.0 % | 88.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.5 | 8.6 | 20.9 | 19.2 | 7.2 |
Current ratio | 7.6 | 9.8 | 23.8 | 22.5 | 8.3 |
Cash and cash equivalents | 1 285.82 | 1 201.66 | 1 041.37 | 804.47 | 810.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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