OVE ELGAARD ApS — Credit Rating and Financial Key Figures

OVE ELGAARD ApS (CVR number: 27088872) is a company from SILKEBORG. The company recorded a gross profit of -18.4 kDKK in 2023. The operating profit was -18.4 kDKK, while net earnings were 67.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE ELGAARD ApS's liquidity measured by quick ratio was 148.3 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.