ELF3 Horsens II ApS — Credit Rating and Financial Key Figures

ELF3 Horsens II ApS (CVR number: 41957581) is a company from KØBENHAVN. The company recorded a gross profit of 8482.7 kDKK in 2023. The operating profit was 6482.7 kDKK, while net earnings were 3264.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 14.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ELF3 Horsens II ApS's liquidity measured by quick ratio was 13.1 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.