CUSTOM STEEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CUSTOM STEEL ApS
CUSTOM STEEL ApS (CVR number: 29626782) is a company from KALUNDBORG. The company recorded a gross profit of 359.8 kDKK in 2024. The operating profit was -170.5 kDKK, while net earnings were -124.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -26.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. CUSTOM STEEL ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 123.55 | 1 370.24 | 1 059.38 | 1 162.70 | 359.77 |
| EBIT | 282.37 | 723.12 | 390.71 | 514.58 | - 170.55 |
| Net earnings | 213.23 | 562.50 | 312.58 | 411.52 | - 124.52 |
| Shareholders equity total | 544.08 | 906.58 | 619.16 | 730.68 | 206.16 |
| Balance sheet total (assets) | 1 178.56 | 1 305.39 | 949.51 | 1 090.87 | 477.45 |
| Net debt | - 723.35 | - 493.12 | - 578.00 | - 368.60 | 60.61 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.6 % | 58.5 % | 35.9 % | 51.7 % | -20.4 % |
| ROE | 33.4 % | 77.6 % | 41.0 % | 61.0 % | -26.6 % |
| ROI | 37.2 % | 89.0 % | 53.1 % | 78.2 % | -28.7 % |
| Economic value added (EVA) | 180.30 | 527.56 | 259.20 | 370.28 | - 169.74 |
| Solvency | |||||
| Equity ratio | 46.2 % | 69.4 % | 65.2 % | 67.0 % | 43.2 % |
| Gearing | 33.4 % | 85.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 3.3 | 2.9 | 3.0 | 1.8 |
| Current ratio | 1.9 | 3.3 | 2.9 | 3.0 | 1.8 |
| Cash and cash equivalents | 905.07 | 493.12 | 578.00 | 368.60 | 115.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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