Step Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 41551941
Priorparken 851, 2605 Brøndby
bogholderi@steptransport.dk
tel: 50245050
www.Steptransport.dk

Credit rating

Company information

Official name
Step Solutions ApS
Personnel
7 persons
Established
2020
Company form
Private limited company
Industry

About Step Solutions ApS

Step Solutions ApS (CVR number: 41551941) is a company from BRØNDBY. The company recorded a gross profit of 2746.7 kDKK in 2023. The operating profit was 115.5 kDKK, while net earnings were 66.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 86.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Step Solutions 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.001 833.932 643.532 746.66
EBIT-10.00- 144.57191.41115.48
Net earnings-7.82- 113.31125.1566.95
Shareholders equity total32.18-81.1344.02110.96
Balance sheet total (assets)392.18748.311 417.051 592.49
Net debt-39.97319.31284.31158.09
Profitability
EBIT-%
ROA-2.5 %-23.7 %17.0 %7.7 %
ROE-24.3 %-29.0 %31.6 %86.4 %
ROI-2.6 %-31.5 %24.2 %10.5 %
Economic value added (EVA)-7.80-94.79164.30122.73
Solvency
Equity ratio8.2 %-9.8 %3.1 %7.0 %
Gearing1087.7 %-661.5 %2234.0 %913.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.30.70.7
Current ratio1.10.30.70.7
Cash and cash equivalents389.97217.35699.09855.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.68%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.97%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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