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SP STEEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SP STEEL ApS
SP STEEL ApS (CVR number: 30194942) is a company from KOLDING. The company recorded a gross profit of -408.4 kDKK in 2024. The operating profit was -1024.6 kDKK, while net earnings were -1371.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.9 %, which can be considered poor and Return on Equity (ROE) was -40.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SP STEEL ApS's liquidity measured by quick ratio was 0.6 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 | 295.89 | 241.16 | 469.66 | - 356.09 | - 408.44 |
| EBIT | 164.77 | - 121.81 | 295.69 | - 583.66 | -1 024.59 |
| Net earnings | 60.60 | - 271.95 | 47.04 | - 875.49 | -1 371.56 |
| Shareholders equity total | 1 384.14 | 1 237.18 | 1 284.23 | 408.73 | - 962.83 |
| Balance sheet total (assets) | 3 831.46 | 4 728.02 | 5 230.13 | 6 361.04 | 6 396.30 |
| Net debt | 1 461.85 | 2 373.18 | 3 344.02 | 3 633.85 | 3 898.99 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | -2.7 % | 6.2 % | -10.1 % | -14.9 % |
| ROE | 7.2 % | -20.7 % | 3.7 % | -103.4 % | -40.3 % |
| ROI | 9.2 % | -3.1 % | 7.0 % | -13.3 % | -25.2 % |
| Economic value added (EVA) | 175.21 | - 276.36 | 87.69 | - 818.26 | -1 231.53 |
| Solvency | |||||
| Equity ratio | 36.8 % | 26.2 % | 24.6 % | 6.4 % | -13.1 % |
| Gearing | 123.7 % | 234.6 % | 263.5 % | 907.5 % | -415.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | 1.1 | 0.7 | 0.6 |
| Current ratio | 2.9 | 2.3 | 4.6 | 4.2 | 2.0 |
| Cash and cash equivalents | 250.92 | 528.88 | 40.33 | 75.51 | 100.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | B | C |
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