Steel Products A/S — Credit Rating and Financial Key Figures

Steel Products A/S (CVR number: 38069217K) is a company from HORSENS. The company reported a net sales of 563.9 mDKK in 2023, demonstrating a decline of -18.9 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 19.3 mDKK), while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. Steel Products 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.