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

Steel Products Aage Østergaard A/S (CVR number: 89626412) is a company from HORSENS. The company reported a net sales of 396.3 mDKK in 2024, demonstrating a decline of -3.5 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 24.8 mDKK), while net earnings were 20.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. Steel Products Aage Østergaard A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.