ELKEM NORDIC A/S — Credit Rating and Financial Key Figures

ELKEM NORDIC A/S (CVR number: 57989513) is a company from RUDERSDAL. The company recorded a gross profit of 9504.5 kDKK in 2023. The operating profit was 5414.9 kDKK, while net earnings were 4515.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. ELKEM NORDIC A/S's liquidity measured by quick ratio was 3.4 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.