Elkjær Electric ApS — Credit Rating and Financial Key Figures

Elkjær Electric ApS (CVR number: 40618880) is a company from VALLENSBÆK. The company recorded a gross profit of 997 kDKK in 2023. The operating profit was 41 kDKK, while net earnings were 31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Elkjær Electric ApS'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.