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Steel Products A/S — Credit Rating and Financial Key Figures

CVR number: 38069217
Islandsvej 25, 8700 Horsens
finance@dft-as.dk

Credit rating

Company information

Official name
Steel Products A/S
Established
2016
Company form
Limited company
Industry

About Steel Products A/S

Steel Products A/S (CVR number: 38069217K) is a company from HORSENS. The company reported a net sales of 550.2 mDKK in 2024, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 35.2 mDKK), while net earnings were 27.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Steel Products A/S's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales537.69672.55695.66563.88550.18
Gross profit82.49105.1683.2538.5859.84
EBIT82.49105.1683.2515.8535.16
Net earnings45.7959.5844.7411.5027.35
Shareholders equity total141.27200.73245.36234.53259.38
Balance sheet total (assets)436.65509.26487.30435.53478.28
Net debt0.71-58.09
Profitability
EBIT-%15.3 %15.6 %12.0 %2.8 %6.4 %
ROA20.2 %22.2 %16.7 %3.8 %8.3 %
ROE33.3 %34.8 %20.1 %4.8 %11.2 %
ROI20.2 %22.2 %16.7 %4.3 %11.1 %
Economic value added (EVA)75.7698.0673.160.4310.89
Solvency
Equity ratio100.0 %100.0 %100.0 %54.9 %56.3 %
Gearing33.4 %29.1 %
Relative net indebtedness %18.5 %12.2 %
Liquidity
Quick ratio2.02.5
Current ratio3.33.2
Cash and cash equivalents77.60133.69
Capital use efficiency
Trade debtors turnover (days)70.472.6
Net working capital %41.0 %48.4 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:8.29%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.3%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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