VIDEBÆK ELNET A/S — Credit Rating and Financial Key Figures

VIDEBÆK ELNET A/S (CVR number: 25140656) is a company from RINGKØBING-SKJERN. The company reported a net sales of 9.9 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was poor at -3.4 % (EBIT: -0.3 mDKK), while net earnings were -392.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VIDEBÆK ELNET A/S's liquidity measured by quick ratio was 3.2 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.