SteelMaster Engineering A/S — Credit Rating and Financial Key Figures

CVR number: 41325348
Gersonsvej 7, 2900 Hellerup
PM@Pedax.com

Credit rating

Company information

Official name
SteelMaster Engineering A/S
Personnel
1 person
Established
2020
Company form
Limited company
Industry

About SteelMaster Engineering A/S

SteelMaster Engineering A/S (CVR number: 41325348) is a company from GENTOFTE. The company recorded a gross profit of 4737.5 kDKK in 2023. The operating profit was 3614.7 kDKK, while net earnings were 2723.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.3 %, which can be considered excellent and Return on Equity (ROE) was 176.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. SteelMaster Engineering A/S's liquidity measured by quick ratio was 4.6 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.00-8.00172.004 737.52
EBIT-7.00-8.00- 745.003 614.65
Net earnings3.0014.00- 839.002 723.15
Shareholders equity total503.00517.00178.002 900.98
Balance sheet total (assets)511.003 721.006 228.0010 259.78
Net debt3 192.002 469.00-4 334.64
Profitability
EBIT-%
ROA1.2 %0.9 %-15.0 %44.3 %
ROE0.6 %2.7 %-241.4 %176.9 %
ROI1.2 %0.9 %-20.8 %113.7 %
Economic value added (EVA)-7.00-31.50- 677.762 825.32
Solvency
Equity ratio98.4 %13.9 %5.1 %59.4 %
Gearing617.4 %1843.8 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio73.037.44.6
Current ratio73.01.11.2
Cash and cash equivalents813.004 394.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:44.3%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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