BIRK STÅL A/S — Credit Rating and Financial Key Figures

CVR number: 27016634
Industriparken 14, Lind 7400 Herning
tel: 97168585
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Credit rating

Company information

Official name
BIRK STÅL A/S
Personnel
16 persons
Established
2003
Domicile
Lind
Company form
Limited company
Industry

About BIRK STÅL A/S

BIRK STÅL A/S (CVR number: 27016634) is a company from HERNING. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 2751.2 kDKK, while net earnings were 2135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BIRK STÅL A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit12 417.9112 515.169 683.3414 515.1111 305.95
EBIT3 209.583 490.211 358.884 674.792 751.21
Net earnings2 447.202 644.381 048.733 630.762 135.56
Shareholders equity total7 430.808 071.957 120.689 751.448 887.01
Balance sheet total (assets)15 616.4615 155.2315 789.5718 635.9813 799.92
Net debt1 677.17-2 830.082 226.24- 629.46-1 132.23
Profitability
EBIT-%
ROA21.7 %22.9 %8.8 %27.2 %17.0 %
ROE35.2 %34.1 %13.8 %43.0 %22.9 %
ROI31.7 %33.4 %13.4 %41.7 %22.9 %
Economic value added (EVA)2 173.942 385.28926.873 284.581 847.59
Solvency
Equity ratio47.6 %53.3 %56.0 %54.8 %64.4 %
Gearing32.3 %32.8 %31.4 %34.0 %23.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.01.61.4
Current ratio2.02.41.82.33.2
Cash and cash equivalents720.085 479.656.383 940.593 243.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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