SCANDINAVIAN STAINLESS STEEL ApS — Credit Rating and Financial Key Figures

CVR number: 12814097
Lene Haus Vej 7, 7430 Ikast
INFO@STEEL-FUNCTION.DK
tel: 86836444
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Credit rating

Company information

Official name
SCANDINAVIAN STAINLESS STEEL ApS
Personnel
5 persons
Established
1989
Company form
Private limited company
Industry

About SCANDINAVIAN STAINLESS STEEL ApS

SCANDINAVIAN STAINLESS STEEL ApS (CVR number: 12814097) is a company from IKAST-BRANDE. The company recorded a gross profit of 4309.7 kDKK in 2024. The operating profit was 1648.1 kDKK, while net earnings were 973.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. SCANDINAVIAN STAINLESS STEEL ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 954.552 659.642 598.402 378.484 309.73
EBIT2 172.79877.34876.43809.421 648.13
Net earnings1 632.58621.01487.49447.53973.72
Shareholders equity total3 264.322 252.762 410.252 507.783 359.00
Balance sheet total (assets)7 281.189 250.897 063.387 653.2412 836.22
Net debt- 615.694 372.013 820.163 580.814 782.67
Profitability
EBIT-%
ROA30.9 %10.7 %10.7 %11.0 %16.1 %
ROE65.4 %22.5 %20.9 %18.2 %33.2 %
ROI53.5 %16.3 %13.2 %13.0 %23.0 %
Economic value added (EVA)1 477.96517.37329.84315.42974.38
Solvency
Equity ratio44.8 %24.4 %34.1 %34.2 %26.2 %
Gearing0.1 %213.2 %158.7 %144.7 %142.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.40.40.5
Current ratio2.11.31.51.51.4
Cash and cash equivalents619.94430.844.0247.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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