ELG DENMARK A/S — Credit Rating and Financial Key Figures

ELG DENMARK A/S (CVR number: 14739297) is a company from KØBENHAVN. The company recorded a gross profit of 16.7 kEUR in 2020. The operating profit was 16.7 kEUR, while net earnings were -2.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. ELG DENMARK A/S's liquidity measured by quick ratio was 1.6 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.