Kims Steel Holding ApS — Credit Rating and Financial Key Figures

Kims Steel Holding ApS (CVR number: 39512351) is a company from SKIVE. The company recorded a gross profit of -7.7 kDKK in 2023. The operating profit was -7.7 kDKK, while net earnings were 785.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.7 %, which can be considered excellent and Return on Equity (ROE) was 142.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. Kims Steel Holding ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.