Velsø El ApS

Velsø El ApS (CVR number: 17879782) is a company from STRUER. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 689.9 kDKK, while net earnings were 473.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. Velsø El ApS's liquidity measured by quick ratio was 1.2 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.