SSAB Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 71349616
Banemarksvej 50 A, 2605 Brøndby
tel: 44531253

Credit rating

Company information

Official name
SSAB Danmark A/S
Personnel
15 persons
Established
1983
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SSAB Danmark A/S

SSAB Danmark A/S (CVR number: 71349616) is a company from BRØNDBY. The company reported a net sales of 410.1 mDKK in 2023, demonstrating a decline of -18.9 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 33.9 mDKK), while net earnings were 27 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SSAB Danmark 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales283.88270.11454.61505.68410.14
Gross profit18.4125.9244.9825.4248.66
EBIT4.8211.8031.4610.7433.88
Net earnings2.417.9123.5712.0926.96
Shareholders equity total-63.27-71.18-94.76106.84133.81
Balance sheet total (assets)139.71158.08228.82188.77217.85
Net debt72.2374.25
Profitability
EBIT-%1.7 %4.4 %6.9 %2.1 %8.3 %
ROA2.6 %5.5 %11.4 %4.3 %17.9 %
ROE-200.0 %-11.8 %-28.4 %200.0 %22.4 %
ROI2.7 %5.5 %11.4 %4.4 %18.8 %
Economic value added (EVA)1.7614.9835.0418.8521.00
Solvency
Equity ratio56.5 %61.3 %
Gearing67.6 %55.5 %
Relative net indebtedness %16.2 %20.5 %
Liquidity
Quick ratio1.62.1
Current ratio2.32.6
Cash and cash equivalents0.00
Capital use efficiency
Trade debtors turnover (days)55.046.5
Net working capital %21.2 %32.7 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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