EURO STEEL 1988 ApS — Credit Rating and Financial Key Figures

EURO STEEL 1988 ApS (CVR number: 12119704) is a company from HEDENSTED. The company reported a net sales of 14.5 mDKK in 2023, demonstrating a growth of 16.8 % compared to the previous year. The operating profit percentage was at 16.9 % (EBIT: 2.4 mDKK), while net earnings were 113 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EURO STEEL 1988 ApS's liquidity measured by quick ratio was 1.7 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.