IRON ART STÅLREOLER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IRON ART STÅLREOLER ApS
IRON ART STÅLREOLER ApS (CVR number: 87377512) is a company from BRØNDBY. The company recorded a gross profit of 974.6 kDKK in 2024. The operating profit was -35.4 kDKK, while net earnings were -26.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 096.88 | 1 553.24 | 1 745.33 | 1 271.63 | 974.63 |
| EBIT | 344.79 | 389.72 | 539.21 | 53.29 | -35.42 |
| Net earnings | 268.63 | 299.87 | 417.74 | 45.24 | -26.73 |
| Shareholders equity total | 689.79 | 789.66 | 907.40 | 552.64 | 525.91 |
| Balance sheet total (assets) | 1 427.24 | 1 374.04 | 1 536.36 | 1 196.00 | 957.61 |
| Net debt | - 746.62 | - 573.09 | - 441.26 | - 284.39 | - 478.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.3 % | 27.9 % | 37.2 % | 4.3 % | -3.0 % |
| ROE | 41.0 % | 40.5 % | 49.2 % | 6.2 % | -5.0 % |
| ROI | 51.9 % | 51.4 % | 63.3 % | 7.9 % | -5.8 % |
| Economic value added (EVA) | 237.67 | 267.48 | 379.59 | -4.55 | -55.39 |
| Solvency | |||||
| Equity ratio | 48.3 % | 57.5 % | 59.1 % | 46.2 % | 54.9 % |
| Gearing | 4.9 % | 1.1 % | 4.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.6 | 2.2 | 1.4 | 1.5 |
| Current ratio | 2.1 | 1.9 | 2.4 | 1.6 | 1.7 |
| Cash and cash equivalents | 780.28 | 573.09 | 441.26 | 290.62 | 501.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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