ELWORKS A/S

ELWORKS A/S (CVR number: 58585610) is a company from FREDERIKSHAVN. The company recorded a gross profit of 7260.2 kDKK in 2022. The operating profit was -3968.9 kDKK, while net earnings were -3224 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELWORKS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.