EURO STEEL 1988 ApS — Credit Rating and Financial Key Figures

EURO STEEL 1988 ApS (CVR number: 12119704K) is a company from HEDENSTED. The company reported a net sales of 2400.9 mDKK in 2023, demonstrating a growth of 40.5 % compared to the previous year. The operating profit percentage was at 8.2 % (EBIT: 197.9 mDKK), while net earnings were 188.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. EURO STEEL 1988 ApS's liquidity measured by quick ratio was 1.3 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.