Elk Development ApS — Credit Rating and Financial Key Figures

Elk Development ApS (CVR number: 43233513) is a company from KØBENHAVN. The company recorded a gross profit of -1795.3 kDKK in 2024. The operating profit was -1795.3 kDKK, while net earnings were -2027.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.4 %, which can be considered poor and Return on Equity (ROE) was -59 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -64.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elk Development ApS's liquidity measured by quick ratio was 3.1 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.