Elwood ApS — Credit Rating and Financial Key Figures

Elwood ApS (CVR number: 41648279) is a company from HERNING. The company recorded a gross profit of -0.8 kDKK in 2023. The operating profit was -0.8 kDKK, while net earnings were 8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Elwood ApS's liquidity measured by quick ratio was 4 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.