Elas Estate A/S — Credit Rating and Financial Key Figures

Elas Estate A/S (CVR number: 78621419) is a company from HERNING. The company recorded a gross profit of 1639 kDKK in 2024. The operating profit was 1140.7 kDKK, while net earnings were 1021.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Elas Estate 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.