ELKA RAINWEAR A/S — Credit Rating and Financial Key Figures

ELKA RAINWEAR A/S (CVR number: 10138698) is a company from HERNING. The company recorded a gross profit of 35.5 mDKK in 2023. The operating profit was 18 mDKK, while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELKA RAINWEAR A/S's liquidity measured by quick ratio was 3.3 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.