STEP RE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEP RE A/S
STEP RE A/S (CVR number: 29618062) is a company from FREDERIKSBERG. The company recorded a gross profit of 158.7 kDKK in 2024. The operating profit was -191.3 kDKK, while net earnings were -196.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. STEP RE A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -34.44 | - 244.85 | 3 256.62 | - 635.07 | 158.71 |
EBIT | - 207.84 | - 398.91 | 2 985.59 | - 995.42 | - 191.31 |
Net earnings | 165.70 | - 280.84 | 2 304.29 | - 857.10 | - 196.56 |
Shareholders equity total | 9 407.56 | 9 126.72 | 3 431.01 | 2 573.90 | 2 377.34 |
Balance sheet total (assets) | 11 911.01 | 13 762.27 | 9 091.15 | 7 111.08 | 8 170.95 |
Net debt | -84.67 | 1 036.11 | -4 515.78 | 1 606.92 | 2 294.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | -2.4 % | 26.2 % | -10.1 % | -0.7 % |
ROE | 1.8 % | -3.0 % | 36.7 % | -28.5 % | -7.9 % |
ROI | 1.9 % | -2.7 % | 36.9 % | -17.6 % | -1.0 % |
Economic value added (EVA) | - 403.99 | - 665.42 | 1 922.56 | - 755.78 | - 284.08 |
Solvency | |||||
Equity ratio | 79.0 % | 66.3 % | 37.7 % | 36.2 % | 29.1 % |
Gearing | 25.9 % | 23.6 % | 42.5 % | 69.0 % | 123.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.7 | 1.2 | 0.9 | 0.8 |
Current ratio | 1.6 | 0.7 | 1.2 | 0.9 | 0.8 |
Cash and cash equivalents | 2 519.80 | 1 120.37 | 5 972.26 | 168.41 | 650.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | BBB |
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