P. ELGAARD EFTF. ApS — Credit Rating and Financial Key Figures

P. ELGAARD EFTF. ApS (CVR number: 30729471) is a company from HJØRRING. The company recorded a gross profit of 1768 kDKK in 2023. The operating profit was 46.9 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. P. ELGAARD EFTF. ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.