Andersen Steel Company ApS — Credit Rating and Financial Key Figures

CVR number: 39175118
Lergårdvej 5, 6040 Egtved
ca@andersenssteel.dk
tel: 24600425
www.Andersenssteel.dk
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Company information

Official name
Andersen Steel Company ApS
Personnel
6 persons
Established
2017
Company form
Private limited company
Industry

About Andersen Steel Company ApS

Andersen Steel Company ApS (CVR number: 39175118) is a company from VEJLE. The company recorded a gross profit of 4333.9 kDKK in 2024. The operating profit was 455.4 kDKK, while net earnings were 38.1 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 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Andersen Steel Company ApS's liquidity measured by quick ratio was 0.7 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 profit656.791 969.373 244.073 720.944 333.90
EBIT261.26224.58127.72178.29455.39
Net earnings188.88147.6636.15-10.5038.07
Shareholders equity total30.59178.25214.40203.90241.97
Balance sheet total (assets)742.871 733.453 726.385 607.007 365.00
Net debt18.00517.051 053.812 761.344 166.96
Profitability
EBIT-%
ROA33.0 %18.2 %4.7 %4.0 %7.3 %
ROE50.1 %141.4 %18.4 %-5.0 %17.1 %
ROI170.2 %47.6 %12.2 %8.6 %12.7 %
Economic value added (EVA)208.92168.3952.16111.60264.93
Solvency
Equity ratio4.1 %10.3 %5.8 %3.6 %3.3 %
Gearing342.8 %290.1 %491.5 %1354.2 %1722.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.60.70.7
Current ratio0.60.70.90.90.9
Cash and cash equivalents86.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.29%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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