Steel & Supply ApS — Credit Rating and Financial Key Figures

Steel & Supply ApS (CVR number: 37671134) is a company from KOLDING. The company recorded a gross profit of 1329.7 kDKK in 2021. The operating profit was 919 kDKK, while net earnings were 689 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 116.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Steel & Supply ApS's liquidity measured by quick ratio was 1.2 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.