Element Sports Holding ApS — Credit Rating and Financial Key Figures

Element Sports Holding ApS (CVR number: 40509615) is a company from HERNING. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 46.5 % compared to the previous year. The operating profit percentage was at 98.9 % (EBIT: 0.4 mDKK), while net earnings were 484.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.4 %, which can be considered excellent and Return on Equity (ROE) was 66.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. Element Sports Holding ApS's liquidity measured by quick ratio was 1.1 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.