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

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

Company information

Official name
STEEL TANK A/S
Personnel
41 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 51.5 mDKK in 2024. The operating profit was 26.4 mDKK, while net earnings were 20.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 75.9 %, which can be considered excellent and Return on Equity (ROE) was 112 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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 2.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit24 071.1415 229.4528 695.8639 560.5051 543.98
EBIT3 988.23- 860.428 383.9614 627.3726 376.58
Net earnings2 969.04- 828.486 457.3511 350.4720 708.44
Shareholders equity total10 762.877 934.3914 391.7420 342.2116 651.04
Balance sheet total (assets)18 586.6114 020.3827 038.4035 332.0134 663.95
Net debt-6 240.52-2 974.35-11 611.57-15 391.56-12 794.15
Profitability
EBIT-%
ROA18.1 %-5.2 %41.0 %47.5 %75.9 %
ROE28.2 %-8.9 %57.8 %65.4 %112.0 %
ROI35.5 %-8.8 %67.7 %77.2 %132.0 %
Economic value added (EVA)2 539.85-1 239.706 160.7910 603.7319 698.19
Solvency
Equity ratio57.9 %56.6 %53.2 %57.6 %48.0 %
Gearing3.0 %0.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.52.42.32.7
Current ratio2.72.72.42.32.8
Cash and cash equivalents6 562.383 002.3211 652.9415 391.5612 794.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:75.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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