Eltotec Electric ApS — Credit Rating and Financial Key Figures

Eltotec Electric ApS (CVR number: 42774774) is a company from KØBENHAVN. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a growth of 31 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 0.4 mDKK), while net earnings were 327.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 70.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. Eltotec Electric ApS's liquidity measured by quick ratio was 1.9 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.