QUALITY CARBIDE TOOL EUROPE A/S — Credit Rating and Financial Key Figures

QUALITY CARBIDE TOOL EUROPE A/S (CVR number: 12584377) is a company from ROSKILDE. The company recorded a gross profit of 54.9 kDKK in 2023. The operating profit was 32.9 kDKK, while net earnings were 22 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. QUALITY CARBIDE TOOL EUROPE A/S's liquidity measured by quick ratio was 5.9 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.