STEEL TANK A/S — Credit Rating and Financial Key Figures

CVR number: 15039000
H E Bluhmes Vej 79, 6700 Esbjerg

Company information

Official name
STEEL TANK A/S
Personnel
39 persons
Established
1991
Company form
Limited company
Industry

About STEEL TANK A/S

STEEL TANK A/S (CVR number: 15039000) is a company from ESBJERG. The company recorded a gross profit of 39.6 mDKK in 2023. The operating profit was 14.6 mDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.5 %, which can be considered excellent and Return on Equity (ROE) was 65.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. STEEL TANK A/S's liquidity measured by quick ratio was 2.3 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 profit24 542.6724 071.1415 229.4528 695.8639 560.50
EBIT3 936.173 988.23- 860.428 383.9614 627.37
Net earnings2 879.262 969.04- 828.486 457.3511 350.47
Shareholders equity total10 293.8310 762.877 934.3914 391.7420 342.21
Balance sheet total (assets)25 838.1618 586.6114 020.3827 038.4035 332.01
Net debt-9 890.49-6 240.52-2 974.35-11 611.57-15 391.56
Profitability
EBIT-%
ROA16.2 %18.1 %-5.2 %41.0 %47.5 %
ROE28.9 %28.2 %-8.9 %57.8 %65.4 %
ROI34.0 %35.5 %-8.8 %67.7 %77.2 %
Economic value added (EVA)2 939.433 103.72- 884.366 313.0611 233.89
Solvency
Equity ratio39.8 %57.9 %56.6 %53.2 %57.6 %
Gearing5.9 %3.0 %0.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.52.52.42.3
Current ratio1.72.72.72.42.3
Cash and cash equivalents10 498.346 562.383 002.3211 652.9415 391.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:47.5%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.