Strømsted Stål og Fjernvarme A/S — Credit Rating and Financial Key Figures

Strømsted Stål og Fjernvarme A/S (CVR number: 42717231) is a company from DRAGØR. The company recorded a gross profit of 44.5 mDKK in 2024. The operating profit was 1446.7 kDKK, while net earnings were 775.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 112.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. Strømsted Stål og Fjernvarme A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.