KONECRANES DEMAG A/S

KONECRANES DEMAG A/S (CVR number: 49106912) is a company from Høje-Taastrup. The company recorded a gross profit of 59.6 mDKK in 2023. The operating profit was 16.4 mDKK, while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, 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. KONECRANES DEMAG A/S's liquidity measured by quick ratio was 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.