Swiss Steel Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 34723613
Strømmen 6, 9400 Nørresundby
tel: 98171211

Credit rating

Company information

Official name
Swiss Steel Denmark A/S
Personnel
3 persons
Established
1959
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Swiss Steel Denmark A/S

Swiss Steel Denmark A/S (CVR number: 34723613) is a company from AALBORG. The company recorded a gross profit of 3644 kDKK in 2023. The operating profit was 864 kDKK, while net earnings were -1540 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Swiss Steel Denmark A/S's liquidity measured by quick ratio was 16.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 256.005 917.005 189.004 670.003 644.00
EBIT1 445.001 002.002 341.001 648.00864.00
Net earnings585.001 416.003 554.001 738.00-1 540.00
Shareholders equity total62 300.0063 716.0027 270.0029 008.0027 468.00
Balance sheet total (assets)70 974.0066 261.0032 501.0033 341.0028 898.00
Net debt4 629.00-1 377.001 879.001 683.00-2 549.00
Profitability
EBIT-%
ROA2.7 %2.2 %5.4 %5.6 %3.9 %
ROE0.9 %2.2 %7.8 %6.2 %-5.5 %
ROI2.8 %2.3 %5.6 %6.0 %4.1 %
Economic value added (EVA)-1 934.58-2 014.66130.69319.99- 810.44
Solvency
Equity ratio87.8 %96.2 %83.9 %87.0 %95.1 %
Gearing11.1 %0.2 %10.0 %8.1 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.530.36.07.016.7
Current ratio8.331.26.27.921.2
Cash and cash equivalents2 267.001 489.00842.00672.002 832.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:3.87%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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