Easysteel A/S — Credit Rating and Financial Key Figures

CVR number: 10059909
Hesselager 19, 2605 Brøndby
tel: 70202563

Company information

Official name
Easysteel A/S
Personnel
9 persons
Established
1986
Company form
Limited company
Industry

About Easysteel A/S

Easysteel A/S (CVR number: 10059909) is a company from BRØNDBY. The company recorded a gross profit of 3349.4 kDKK in 2023. The operating profit was 457.3 kDKK, while net earnings were 432.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. Easysteel 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 profit3 856.684 358.854 194.703 245.613 349.36
EBIT1 080.561 324.21923.72171.23457.30
Net earnings824.131 059.17710.28140.86432.88
Shareholders equity total5 265.085 824.255 734.535 575.395 408.27
Balance sheet total (assets)7 789.238 035.347 398.167 679.267 286.12
Net debt-1 938.40-1 370.49-1 071.40-1 824.46-1 068.01
Profitability
EBIT-%
ROA14.9 %17.3 %13.5 %2.4 %7.4 %
ROE16.1 %19.1 %12.3 %2.5 %7.9 %
ROI20.5 %23.6 %17.8 %3.2 %10.0 %
Economic value added (EVA)631.94872.13503.30- 100.36170.16
Solvency
Equity ratio67.6 %72.5 %77.5 %72.6 %74.2 %
Gearing2.8 %2.3 %0.1 %0.7 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.82.32.02.3
Current ratio3.23.44.13.43.7
Cash and cash equivalents2 084.381 501.811 079.061 866.201 117.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.42%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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