EURO STEEL DANMARK A/S — Credit Rating and Financial Key Figures

EURO STEEL DANMARK A/S (CVR number: 21825840) is a company from HEDENSTED. The company reported a net sales of 1133.3 mDKK in 2023, demonstrating a decline of -0.6 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 155.4 mDKK), while net earnings were 123 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. EURO STEEL DANMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.