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Danish Steel Manufacturing A/S — Credit Rating and Financial Key Figures

CVR number: 78780916
Erhvervsparken 41, 9700 Brønderslev
dsm@dsm.dk
tel: 98120363
Free credit report Annual report

Company information

Official name
Danish Steel Manufacturing A/S
Personnel
29 persons
Established
1985
Company form
Limited company
Industry

About Danish Steel Manufacturing A/S

Danish Steel Manufacturing A/S (CVR number: 78780916) is a company from Brønderslev. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 1698.4 kDKK, while net earnings were 658.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Danish Steel Manufacturing A/S's liquidity measured by quick ratio was 0.5 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 sales11 724.13
Gross profit5 754.6612 981.2714 688.5314 178.2815 948.42
EBIT482.513 465.832 500.191 882.411 698.42
Net earnings-16.172 877.761 435.80736.17658.11
Shareholders equity total2 501.875 379.634 438.424 174.604 832.70
Balance sheet total (assets)13 379.5415 919.7719 320.0721 317.9821 463.04
Net debt6 399.185 603.999 943.9512 090.9212 730.86
Profitability
EBIT-%4.1 %
ROA3.2 %23.7 %14.2 %10.1 %7.9 %
ROE-0.6 %73.0 %29.2 %17.1 %14.6 %
ROI4.3 %34.1 %19.0 %12.8 %9.6 %
Economic value added (EVA)- 323.252 756.721 180.18706.99454.51
Solvency
Equity ratio18.8 %33.8 %23.0 %19.6 %22.5 %
Gearing255.8 %104.7 %225.4 %291.7 %263.7 %
Relative net indebtedness %92.8 %
Liquidity
Quick ratio0.90.90.60.50.5
Current ratio1.11.61.11.01.0
Cash and cash equivalents29.4161.2087.2810.68
Capital use efficiency
Trade debtors turnover (days)84.6
Net working capital %9.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.94%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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