ELBE ApS — Credit Rating and Financial Key Figures

ELBE ApS (CVR number: 38681397) is a company from VEJLE. The company recorded a gross profit of -7.8 kDKK in 2023. The operating profit was -7.8 kDKK, while net earnings were -114.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -422.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ELBE ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.