ELVANG DENMARK A/S — Credit Rating and Financial Key Figures

ELVANG DENMARK A/S (CVR number: 31582016) is a company from SORØ. The company recorded a gross profit of 2054.9 kDKK in 2023. The operating profit was 484.6 kDKK, while net earnings were 51.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELVANG DENMARK A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.