ELTRONIC Group A/S

ELTRONIC Group A/S (CVR number: 35480463K) is a company from HEDENSTED. The company reported a net sales of 1983.9 mDKK in 2023, demonstrating a growth of 19.3 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 95.9 mDKK), while net earnings were 43.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. ELTRONIC Group A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.