ELM, KRAGELUND A/S

ELM, KRAGELUND A/S (CVR number: 11477607) is a company from HEDENSTED. The company recorded a gross profit of 118.5 mDKK in 2023. The operating profit was 44.3 mDKK, while net earnings were 34.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 43.2 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELM, KRAGELUND A/S's liquidity measured by quick ratio was 2.4 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.