Hem Steel A/S — Credit Rating and Financial Key Figures

Hem Steel A/S (CVR number: 41270675) is a company from SKIVE. The company recorded a gross profit of 20.3 mDKK in 2023. The operating profit was 4382.9 kDKK, while net earnings were 3302 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 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. Hem Steel A/S's liquidity measured by quick ratio was 1.9 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.