IQ METAL A/S — Credit Rating and Financial Key Figures

IQ METAL A/S (CVR number: 42625728K) is a company from AARHUS. The company reported a net sales of 379.7 mDKK in 2023, demonstrating a decline of -16.3 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 21.1 mDKK), while net earnings were 14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IQ METAL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.