IRON ART STÅLREOLER ApS — Credit Rating and Financial Key Figures

CVR number: 87377512
Midtager 21, 2605 Brøndby
tel: 43430544

Credit rating

Company information

Official name
IRON ART STÅLREOLER ApS
Personnel
3 persons
Established
1979
Company form
Private limited company
Industry

About IRON ART STÅLREOLER ApS

IRON ART STÅLREOLER ApS (CVR number: 87377512) is a company from BRØNDBY. The company recorded a gross profit of 1271.6 kDKK in 2023. The operating profit was 53.3 kDKK, while net earnings were 45.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.2 %, 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. IRON ART STÅLREOLER ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 232.701 096.881 553.241 745.331 271.63
EBIT300.92344.79389.72539.2153.29
Net earnings235.08268.63299.87417.7445.24
Shareholders equity total621.16689.79789.66907.40552.64
Balance sheet total (assets)1 326.191 427.241 374.041 536.361 196.00
Net debt- 432.41- 746.62- 573.09- 441.26- 284.39
Profitability
EBIT-%
ROA24.7 %25.3 %27.9 %37.2 %4.3 %
ROE38.9 %41.0 %40.5 %49.2 %6.2 %
ROI50.3 %51.9 %51.4 %63.3 %7.9 %
Economic value added (EVA)219.90259.40308.38408.6218.10
Solvency
Equity ratio46.8 %48.3 %57.5 %59.1 %46.2 %
Gearing4.9 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.62.21.4
Current ratio2.12.11.92.41.6
Cash and cash equivalents432.41780.28573.09441.26290.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:4.26%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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