NORDISK STAAL A/S — Credit Rating and Financial Key Figures

CVR number: 27113141
Industrivej 25-27, 3300 Frederiksværk

Company information

Official name
NORDISK STAAL A/S
Personnel
52 persons
Established
2003
Company form
Limited company
Industry

About NORDISK STAAL A/S

NORDISK STAAL A/S (CVR number: 27113141) is a company from HALSNÆS. The company recorded a gross profit of 27.9 mDKK in 2023. The operating profit was 1460.6 kDKK, while net earnings were 1190.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. NORDISK STAAL A/S's liquidity measured by quick ratio was 2.1 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 profit29 082.6128 826.9920 767.436 078.5827 939.69
EBIT2 390.58998.59-2 508.58167.401 460.63
Net earnings1 770.913 564.18-1 934.98134.671 190.64
Shareholders equity total6 226.278 290.456 355.476 614.257 804.89
Balance sheet total (assets)20 957.7622 806.4124 075.3415 705.8924 745.77
Net debt829.03-1 390.92-1 270.79-3 251.97-1 023.58
Profitability
EBIT-%
ROA13.6 %18.6 %-10.2 %0.9 %7.6 %
ROE34.4 %49.1 %-26.4 %2.1 %16.5 %
ROI30.4 %37.7 %-22.6 %2.1 %19.3 %
Economic value added (EVA)1 661.62505.74-2 034.60136.95968.33
Solvency
Equity ratio29.7 %36.4 %26.4 %42.1 %36.7 %
Gearing38.3 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.32.02.1
Current ratio1.31.61.32.11.6
Cash and cash equivalents1 558.151 390.921 270.793 251.971 393.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBA

Variable visualization

ROA:7.63%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.7%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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