Elkær Vind Nørhede I/S — Credit Rating and Financial Key Figures

Elkær Vind Nørhede I/S (CVR number: 40067973) is a company from AARHUS. The company recorded a gross profit of 7465.4 kDKK in 2022. The operating profit was 5458.9 kDKK, while net earnings were 5278.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. Elkær Vind Nørhede I/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.