FIOTEK RUSTFRI STÅL A/S — Credit Rating and Financial Key Figures

CVR number: 26990343
Agerhatten 11, Tornbjerg 5220 Odense SØ
fb@fiotek.dk
tel: 65934327
www.fiotek.dk
Free credit report Annual report

Company information

Official name
FIOTEK RUSTFRI STÅL A/S
Personnel
22 persons
Established
2004
Domicile
Tornbjerg
Company form
Limited company
Industry

About FIOTEK RUSTFRI STÅL A/S

FIOTEK RUSTFRI STÅL A/S (CVR number: 26990343) is a company from ODENSE. The company recorded a gross profit of 10.7 mDKK in 2024. The operating profit was 2029 kDKK, while net earnings were 1501.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent and Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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. FIOTEK RUSTFRI STÅL A/S's liquidity measured by quick ratio was 1.5 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 profit7 249.007 302.007 561.008 602.4810 689.41
EBIT733.00193.00363.00206.382 029.05
Net earnings553.00123.00245.00118.001 501.32
Shareholders equity total2 819.002 342.002 437.002 554.884 056.19
Balance sheet total (assets)5 797.007 400.007 243.007 480.118 745.92
Net debt529.001 733.002 869.001 334.07- 468.52
Profitability
EBIT-%
ROA12.8 %2.9 %5.0 %2.9 %25.3 %
ROE15.8 %4.8 %10.3 %4.7 %45.4 %
ROI16.0 %3.5 %5.9 %3.5 %35.3 %
Economic value added (EVA)344.94-87.12-34.87- 167.951 270.38
Solvency
Equity ratio48.6 %31.6 %33.6 %34.2 %46.4 %
Gearing60.1 %156.8 %142.4 %130.6 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.31.41.41.5
Current ratio1.81.41.51.61.7
Cash and cash equivalents1 165.001 939.00601.002 003.031 770.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:25.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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