NETSELSKABET ELVÆRK A/S — Credit Rating and Financial Key Figures

NETSELSKABET ELVÆRK A/S (CVR number: 21085200) is a company from THISTED. The company recorded a gross profit of 121.1 mDKK in 2023. The operating profit was 50.7 mDKK, while net earnings were 43.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NETSELSKABET ELVÆRK A/S's liquidity measured by quick ratio was 2.3 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.