Elgaard Invest Randers ApS — Credit Rating and Financial Key Figures

Elgaard Invest Randers ApS (CVR number: 64301411) is a company from RANDERS. The company recorded a gross profit of 1040 kDKK in 2023. The operating profit was 559 kDKK, while net earnings were 150.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. Elgaard Invest Randers ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.