RMG STEEL CHINA HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RMG STEEL CHINA HOLDING ApS
RMG STEEL CHINA HOLDING ApS (CVR number: 32447783) is a company from ESBJERG. The company recorded a gross profit of -843.5 kDKK in 2024. The operating profit was -4977.8 kDKK, while net earnings were 55 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RMG STEEL CHINA HOLDING ApS's liquidity measured by quick ratio was 17.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 622.55 | - 492.57 | - 985.72 | - 760.55 | - 843.49 |
EBIT | -4 424.93 | -3 236.91 | -3 591.77 | -5 489.57 | -4 977.77 |
Net earnings | 24 134.92 | 19 651.29 | 18 990.09 | 86 920.82 | 55 036.36 |
Shareholders equity total | 142 627.51 | 162 829.40 | 178 168.78 | 230 859.54 | 231 366.06 |
Balance sheet total (assets) | 146 782.18 | 164 419.40 | 182 373.34 | 235 727.27 | 235 639.94 |
Net debt | -21 272.56 | -6 419.99 | 291.52 | - 330.61 | -84.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 12.9 % | 10.7 % | 41.6 % | 23.4 % |
ROE | 18.3 % | 12.9 % | 11.1 % | 42.5 % | 23.8 % |
ROI | 19.5 % | 13.2 % | 10.8 % | 42.3 % | 23.8 % |
Economic value added (EVA) | 1 743.02 | 2 727.66 | 1 596.69 | -4 646.87 | 1 154.11 |
Solvency | |||||
Equity ratio | 97.2 % | 99.0 % | 97.7 % | 97.9 % | 98.2 % |
Gearing | 1.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.8 | 20.7 | 20.9 | 12.5 | 17.2 |
Current ratio | 5.8 | 20.7 | 20.9 | 12.5 | 17.2 |
Cash and cash equivalents | 21 272.56 | 6 419.99 | 1 434.19 | 330.61 | 84.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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