GIVE ELEMENTFABRIK A/S — Credit Rating and Financial Key Figures

GIVE ELEMENTFABRIK A/S (CVR number: 11572707) is a company from VEJLE. The company reported a net sales of 331.1 mDKK in 2023, demonstrating a decline of -14.7 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 11.3 mDKK), while net earnings were 10 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. GIVE ELEMENTFABRIK A/S's liquidity measured by quick ratio was 1.3 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.