Ferrodan Iron A/S — Credit Rating and Financial Key Figures

Ferrodan Iron A/S (CVR number: 40892257) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 10 mDKK in 2023. The operating profit was 5773.8 kDKK, while net earnings were 4763.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. Ferrodan Iron A/S's liquidity measured by quick ratio was 2.2 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.