Hem Steel A/S — Credit Rating and Financial Key Figures

CVR number: 41270675
Bjørnevej 4, 7800 Skive
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Company information

Official name
Hem Steel A/S
Personnel
42 persons
Established
2020
Company form
Limited company
Industry

About Hem Steel A/S

Hem Steel A/S (CVR number: 41270675) is a company from SKIVE. The company recorded a gross profit of 24.6 mDKK in 2024. The operating profit was 4988.2 kDKK, while net earnings were 3669.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 44.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. Hem Steel A/S's liquidity measured by quick ratio was 2.9 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 profit6 651.1313 483.3313 793.1020 291.3324 637.90
EBIT2 205.682 158.80619.634 382.894 988.16
Net earnings1 618.611 586.92305.583 301.963 669.74
Shareholders equity total2 018.613 451.333 406.916 708.889 928.62
Balance sheet total (assets)7 654.4818 385.9413 108.2320 858.6518 978.02
Net debt- 835.53108.37-2 842.23-4 235.03-6 740.78
Profitability
EBIT-%
ROA28.8 %16.6 %3.9 %26.5 %25.5 %
ROE80.2 %58.0 %8.9 %65.3 %44.1 %
ROI86.4 %52.3 %11.6 %66.4 %49.6 %
Economic value added (EVA)1 698.071 561.10174.453 200.433 411.58
Solvency
Equity ratio32.0 %21.6 %31.2 %37.1 %53.9 %
Gearing2.6 %38.4 %15.4 %0.4 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.51.81.92.9
Current ratio1.41.21.41.52.7
Cash and cash equivalents887.941 218.133 368.394 264.576 843.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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