FM STÅL A/S
Credit rating
Company information
About FM STÅL A/S
FM STÅL A/S (CVR number: 35642587) is a company from MARIAGERFJORD. The company recorded a gross profit of -8.3 kDKK in 2023. The operating profit was -8.3 kDKK, while net earnings were -83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was -19.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.1 %, 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. FM STÅL A/S's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -52.52 | 1 205.94 | 4 053.49 | 471.48 | -8.27 |
EBIT | -1 147.03 | - 428.86 | 2 789.93 | - 122.88 | -8.29 |
Net earnings | -1 150.57 | - 459.26 | 2 677.93 | -2 693.08 | -83.50 |
Shareholders equity total | 952.33 | 493.07 | 3 171.01 | 477.93 | 394.43 |
Balance sheet total (assets) | 3 848.21 | 1 835.74 | 5 953.07 | 826.08 | 702.81 |
Net debt | 430.12 | -12.99 | - 862.92 | -1.63 | 254.20 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.6 % | -12.5 % | 75.4 % | 74.1 % | 7.3 % |
ROE | -75.3 % | -63.5 % | 146.2 % | -147.6 % | -19.1 % |
ROI | -52.6 % | -31.1 % | 146.2 % | -132.5 % | -11.4 % |
Economic value added (EVA) | -1 257.11 | - 465.80 | 2 660.32 | - 233.54 | -25.45 |
Solvency | |||||
Equity ratio | 35.7 % | 36.6 % | 65.6 % | 57.9 % | 56.1 % |
Gearing | 68.0 % | 0.7 % | 2.5 % | 28.2 % | 66.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.5 | 3.9 | 2.4 | 2.3 |
Current ratio | 1.3 | 1.5 | 2.2 | 2.4 | 2.3 |
Cash and cash equivalents | 217.17 | 16.52 | 941.09 | 136.37 | 8.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | B | C |
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