Ferrodan Iron A/S — Credit Rating and Financial Key Figures

CVR number: 40892257
Støberivej 5, 6900 Skjern
Free credit report Annual report

Company information

Official name
Ferrodan Iron A/S
Personnel
54 persons
Established
2019
Company form
Limited company
Industry

About Ferrodan Iron A/S

Ferrodan Iron A/S (CVR number: 40892257) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -9925 kDKK in 2024. The operating profit was -13.6 mDKK, while net earnings were -10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -49.6 %, which can be considered poor and Return on Equity (ROE) was -67.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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. Ferrodan Iron 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 236.9310 045.84-9 925.03
EBIT333.295 773.85-13 631.68
Net earnings4 763.31-10 689.65
Shareholders equity total5 576.5621 140.6910 451.05
Balance sheet total (assets)18 059.1233 284.8021 158.07
Net debt5 055.44366.97871.84
Profitability
EBIT-%
ROA3.7 %18.5 %-49.6 %
ROE22.5 %-67.7 %
ROI5.0 %26.6 %-75.7 %
Economic value added (EVA)216.54- 604.804 502.64-11 810.71
Solvency
Equity ratio30.9 %63.5 %49.4 %
Gearing90.7 %3.8 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.52.21.2
Current ratio1.12.81.9
Cash and cash equivalents425.965.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABB

Variable visualization

ROA:-49.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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