JQ STEEL A/S — Credit Rating and Financial Key Figures

CVR number: 20994193
Værkstedsvej 17, 4600 Køge

Company information

Official name
JQ STEEL A/S
Personnel
31 persons
Established
1998
Company form
Limited company
Industry

About JQ STEEL A/S

JQ STEEL A/S (CVR number: 20994193) is a company from KØGE. The company recorded a gross profit of 31.8 mDKK in 2024. The operating profit was 13.5 mDKK, while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.1 %, which can be considered excellent and Return on Equity (ROE) was 63.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. JQ STEEL A/S's liquidity measured by quick ratio was 2.7 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.

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 profit11 009.288 214.5012 287.9133 775.6831 846.56
EBIT2 800.121 735.953 387.0617 699.2313 484.23
Net earnings2 129.271 283.862 640.6613 527.3710 251.20
Shareholders equity total7 974.287 358.135 898.7916 926.1615 196.54
Balance sheet total (assets)13 249.199 649.2927 957.6050 392.0037 466.73
Net debt-5 515.22-3 469.51-3 433.22-14 139.76-5 630.08
Profitability
EBIT-%
ROA25.9 %15.2 %18.0 %45.6 %31.1 %
ROE29.7 %16.7 %39.8 %118.5 %63.8 %
ROI36.7 %20.9 %31.9 %86.9 %49.1 %
Economic value added (EVA)1 823.03906.612 394.6713 147.809 120.40
Solvency
Equity ratio60.2 %76.3 %21.1 %33.6 %40.6 %
Gearing7.5 %8.3 %20.7 %6.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.21.11.62.7
Current ratio2.23.31.11.62.8
Cash and cash equivalents6 111.284 083.844 656.3215 151.865 643.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:31.1%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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