EKKOFONDEN — Credit Rating and Financial Key Figures

EKKOFONDEN (CVR number: 35478787K) is a company from HJØRRING. The company recorded a gross profit of 190.7 mDKK in 2021. The operating profit was 107.6 mDKK, while net earnings were 86.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 64 %, which can be considered excellent and Return on Equity (ROE) was 96.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. EKKOFONDEN's liquidity measured by quick ratio was 2.3 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.