FORSYNING ELNET A/S — Credit Rating and Financial Key Figures

FORSYNING ELNET A/S (CVR number: 21599182) is a company from STRUER. The company reported a net sales of 13.9 mDKK in 2023, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 0.9 mDKK), while net earnings were 6460 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORSYNING ELNET A/S's liquidity measured by quick ratio was 4.5 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.