Etiming-Steel ApS — Credit Rating and Financial Key Figures

Etiming-Steel ApS (CVR number: 43291688) is a company from HERNING. The company recorded a gross profit of -55.4 kDKK in 2024. The operating profit was -100.4 kDKK, while net earnings were -152.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.6 %, which can be considered poor and Return on Equity (ROE) was -161.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Etiming-Steel ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.