ELGAARD ApS — Credit Rating and Financial Key Figures

ELGAARD ApS (CVR number: 35854150) is a company from HERNING. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1.5 mDKK), while net earnings were 1667.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.5 %, which can be considered excellent and Return on Equity (ROE) was 68.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELGAARD ApS's liquidity measured by quick ratio was 834.9 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.