ELGIGANTEN A/S — Credit Rating and Financial Key Figures

ELGIGANTEN A/S (CVR number: 17237977) is a company from KØBENHAVN. The company reported a net sales of 6338.1 mDKK in 2023, demonstrating a decline of -0.5 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 77 mDKK), while net earnings were 59.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. ELGIGANTEN A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.