SSH STAINLESS A/S — Credit Rating and Financial Key Figures

CVR number: 50296717
Englandsvej 20-22, Tved 5700 Svendborg
ssh@ssh-stainless.dk
tel: 62218531
www.ssh-stainless.dk

Credit rating

Company information

Official name
SSH STAINLESS A/S
Personnel
23 persons
Established
1981
Domicile
Tved
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About SSH STAINLESS A/S

SSH STAINLESS A/S (CVR number: 50296717) is a company from SVENDBORG. The company recorded a gross profit of 6020.3 kDKK in 2023. The operating profit was 1802.9 kDKK, while net earnings were 1401.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61 %, 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. SSH STAINLESS A/S's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 116.285 298.676 178.006 470.276 020.34
EBIT3 054.661 324.172 399.692 341.421 802.87
Net earnings2 371.97934.971 900.321 956.121 401.11
Shareholders equity total10 006.919 941.8811 842.2112 198.3212 599.43
Balance sheet total (assets)14 819.2417 045.3415 335.6216 450.9220 931.79
Net debt163.02- 185.49-1 714.60-2 152.40-1 898.66
Profitability
EBIT-%
ROA22.4 %8.5 %15.6 %16.2 %10.5 %
ROE26.9 %9.4 %17.4 %16.3 %11.3 %
ROI26.1 %10.1 %18.3 %18.7 %12.2 %
Economic value added (EVA)2 041.29585.321 504.061 322.38893.26
Solvency
Equity ratio67.5 %58.3 %77.2 %74.1 %61.0 %
Gearing12.9 %24.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.22.41.91.7
Current ratio2.92.35.35.03.7
Cash and cash equivalents1 132.172 640.221 714.602 152.401 898.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.5%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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