ELF3 Horsens ApS — Credit Rating and Financial Key Figures

ELF3 Horsens ApS (CVR number: 41948124) is a company from KØBENHAVN. The company recorded a gross profit of 8641 kDKK in 2023. The operating profit was 6641 kDKK, while net earnings were 4132.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ELF3 Horsens ApS's liquidity measured by quick ratio was 13 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.