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Give Steel A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Give Steel A/S
Give Steel A/S (CVR number: 26998115) is a company from IKAST-BRANDE. The company reported a net sales of 847.5 mDKK in 2025, demonstrating a decline of -15.3 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 89.2 mDKK), while net earnings were 59.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Give Steel A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 609.11 | 1 179.03 | 1 114.03 | 1 000.66 | 847.47 |
| Gross profit | 54.09 | 83.05 | 120.88 | 125.82 | 157.82 |
| EBIT | 17.99 | 30.73 | 52.16 | 43.97 | 89.16 |
| Net earnings | 10.73 | 19.38 | 31.72 | 25.06 | 59.31 |
| Shareholders equity total | 72.92 | 88.01 | 114.08 | 140.71 | 199.98 |
| Balance sheet total (assets) | 399.66 | 533.32 | 637.35 | 634.66 | 688.40 |
| Net debt | -11.09 | 42.53 | 13.15 | 69.45 | 21.09 |
| Profitability | |||||
| EBIT-% | 3.0 % | 2.6 % | 4.7 % | 4.4 % | 10.5 % |
| ROA | 5.5 % | 6.9 % | 9.1 % | 7.1 % | 13.7 % |
| ROE | 15.2 % | 24.1 % | 31.4 % | 19.7 % | 34.8 % |
| ROI | 12.0 % | 15.3 % | 19.7 % | 14.8 % | 25.8 % |
| Economic value added (EVA) | 6.33 | 16.61 | 27.44 | 20.72 | 51.86 |
| Solvency | |||||
| Equity ratio | 18.2 % | 16.5 % | 17.9 % | 22.2 % | 29.0 % |
| Gearing | 61.7 % | 92.0 % | 82.5 % | 79.2 % | 46.6 % |
| Relative net indebtedness % | 40.8 % | 30.0 % | 36.4 % | 41.6 % | 43.2 % |
| Liquidity | |||||
| Quick ratio | 0.6 | 0.9 | 1.0 | 1.0 | 1.2 |
| Current ratio | 1.0 | 1.2 | 1.2 | 1.2 | 1.5 |
| Cash and cash equivalents | 56.10 | 38.46 | 80.99 | 41.94 | 72.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 22.8 | 17.4 | 26.1 | 37.6 | 47.3 |
| Net working capital % | -0.7 % | 4.5 % | 6.0 % | 6.4 % | 17.1 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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