STEELTRADE ApS — Credit Rating and Financial Key Figures

STEELTRADE ApS (CVR number: 27417426) is a company from AABENRAA. The company recorded a gross profit of 1000.2 kDKK in 2023. The operating profit was 445.6 kDKK, while net earnings were 334.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 28.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. STEELTRADE ApS's liquidity measured by quick ratio was 3.9 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.