ELGAARD HOLDING A/S — Credit Rating and Financial Key Figures

ELGAARD HOLDING A/S (CVR number: 25541502) is a company from SKIVE. The company recorded a gross profit of -206 kDKK in 2024. The operating profit was -697.9 kDKK, while net earnings were 6099.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELGAARD HOLDING A/S's liquidity measured by quick ratio was 1.3 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.