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 -138.3 kDKK in 2023. The operating profit was -628.7 kDKK, while net earnings were 4039.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. ELGAARD HOLDING A/S's liquidity measured by quick ratio was 1.4 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.