ELDAN RECYCLING A/S — Credit Rating and Financial Key Figures

ELDAN RECYCLING A/S (CVR number: 14125388) is a company from FAABORG-MIDTFYN. The company reported a net sales of 443.3 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 17.8 % (EBIT: 78.9 mDKK), while net earnings were 64.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 57.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELDAN RECYCLING A/S's liquidity measured by quick ratio was 2.6 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.