ELEMENT LOGIC DENMARK A/S — Credit Rating and Financial Key Figures

ELEMENT LOGIC DENMARK A/S (CVR number: 29847096) is a company from ODENSE. The company recorded a gross profit of 57.9 mDKK in 2023. The operating profit was 31 mDKK, while net earnings were 23.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. ELEMENT LOGIC DENMARK A/S's liquidity measured by quick ratio was 1.2 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.