ELO MØLGAARD HOLDING ApS — Credit Rating and Financial Key Figures

ELO MØLGAARD HOLDING ApS (CVR number: 29198268) is a company from AALBORG. The company recorded a gross profit of -13 kDKK in 2023. The operating profit was -13 kDKK, while net earnings were 39.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. ELO MØLGAARD HOLDING ApS's liquidity measured by quick ratio was 3.9 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.