ELGAARD BALLE HOLDING ApS — Credit Rating and Financial Key Figures

ELGAARD BALLE HOLDING ApS (CVR number: 29686068) is a company from FAVRSKOV. The company recorded a gross profit of 247.5 kDKK in 2023. The operating profit was 194.1 kDKK, while net earnings were 315.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. ELGAARD BALLE HOLDING ApS's liquidity measured by quick ratio was 2 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.