ELP HOLDING, SNAPTUN A/S — Credit Rating and Financial Key Figures

ELP HOLDING, SNAPTUN A/S (CVR number: 33383673) is a company from HEDENSTED. The company recorded a gross profit of -26 kDKK in 2023. The operating profit was -26 kDKK, while net earnings were 24.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELP HOLDING, SNAPTUN A/S's liquidity measured by quick ratio was 53.6 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.