MATEK STEEL ApS — Credit Rating and Financial Key Figures

CVR number: 34602743
Mads Clausens Vej 2, 6360 Tinglev
jette@mateksteel.dk

Credit rating

Company information

Official name
MATEK STEEL ApS
Personnel
22 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon255300

About MATEK STEEL ApS

MATEK STEEL ApS (CVR number: 34602743) is a company from AABENRAA. The company recorded a gross profit of 10.9 mDKK in 2023. The operating profit was 1379 kDKK, while net earnings were 669.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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. MATEK STEEL 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 988.009 714.0010 230.0010 837.6610 861.48
EBIT2 115.001 818.002 677.001 632.601 379.02
Net earnings1 193.001 254.001 951.001 114.53669.07
Shareholders equity total5 545.005 600.006 350.006 264.695 733.75
Balance sheet total (assets)13 921.0013 649.0016 198.0021 808.3820 064.12
Net debt4 291.284 294.40
Profitability
EBIT-%
ROA13.1 %13.2 %17.9 %8.7 %6.6 %
ROE21.7 %22.5 %32.7 %17.7 %11.2 %
ROI13.8 %13.2 %17.9 %9.3 %7.5 %
Economic value added (EVA)1 724.281 539.362 395.60953.90758.50
Solvency
Equity ratio100.0 %100.0 %100.0 %28.7 %28.6 %
Gearing68.5 %88.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.7
Current ratio1.00.8
Cash and cash equivalents0.27752.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.65%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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