Elkjær Byg ApS — Credit Rating and Financial Key Figures

Elkjær Byg ApS (CVR number: 37752762) is a company from RANDERS. The company recorded a gross profit of 489.6 kDKK in 2023. The operating profit was 43.8 kDKK, while net earnings were -183.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was -86.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. Elkjær Byg ApS'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.