ELLINGE SMEDIE A/S — Credit Rating and Financial Key Figures

ELLINGE SMEDIE A/S (CVR number: 15331178) is a company from NYBORG. The company recorded a gross profit of 20.5 mDKK in 2023. The operating profit was 5079.3 kDKK, while net earnings were 3995.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31 %, which can be considered excellent and Return on Equity (ROE) was 52.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. ELLINGE SMEDIE A/S's liquidity measured by quick ratio was 1.7 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.