Ellinge Tømrer & Snedker Forretning ApS — Credit Rating and Financial Key Figures

Ellinge Tømrer & Snedker Forretning ApS (CVR number: 41810106) is a company from ODENSE. The company reported a net sales of 1.4 mDKK in 2022, demonstrating a decline of -28.6 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ellinge Tømrer & Snedker Forretning ApS's liquidity measured by quick ratio was 10 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.