K.AA. STEFFENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About K.AA. STEFFENSEN A/S
K.AA. STEFFENSEN A/S (CVR number: 14553401) is a company from THISTED. The company recorded a gross profit of -12.1 kDKK in 2022. The operating profit was -12.1 kDKK, while net earnings were 27 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.AA. STEFFENSEN A/S's liquidity measured by quick ratio was 8 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 828.31 | 1 562.72 | 1 753.04 | 2 340.79 | -12.13 |
| EBIT | 1 389.25 | 1 126.12 | 1 316.45 | 2 340.79 | -12.13 |
| Net earnings | 904.29 | 712.20 | 908.04 | 1 044.00 | 27.02 |
| Shareholders equity total | 1 438.37 | 1 250.57 | 1 858.61 | 1 552.61 | 529.64 |
| Balance sheet total (assets) | 7 507.93 | 7 152.05 | 6 777.84 | 1 693.29 | 604.97 |
| Net debt | 3 711.23 | 3 528.15 | 3 033.64 | -1 372.44 | - 582.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.0 % | 15.4 % | 19.0 % | 56.3 % | 5.0 % |
| ROE | 85.2 % | 53.0 % | 58.4 % | 61.2 % | 2.6 % |
| ROI | 19.8 % | 16.6 % | 20.0 % | 58.3 % | 5.4 % |
| Economic value added (EVA) | 1 052.09 | 808.58 | 968.01 | 1 571.92 | -15.40 |
| Solvency | |||||
| Equity ratio | 19.2 % | 17.5 % | 27.4 % | 91.7 % | 87.5 % |
| Gearing | 264.9 % | 291.9 % | 166.7 % | 1.2 % | 4.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.1 | 12.0 | 8.0 |
| Current ratio | 0.1 | 0.1 | 0.1 | 12.0 | 8.0 |
| Cash and cash equivalents | 99.14 | 122.11 | 65.38 | 1 391.41 | 604.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | B | C |
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