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

RANK STEEL A/S (CVR number: 32672531) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1954.7 kDKK in 2023. The operating profit was 1548.1 kDKK, while net earnings were 1779.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.4 %, which can be considered excellent and Return on Equity (ROE) was 256.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. RANK STEEL A/S's liquidity measured by quick ratio was 4.2 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.