Arne Elkjær A/S — Credit Rating and Financial Key Figures

Arne Elkjær A/S (CVR number: 10277833) is a company from AARHUS. The company recorded a gross profit of 25 mDKK in 2023. The operating profit was 1385.5 kDKK, while net earnings were 1027.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Arne Elkjær A/S's liquidity measured by quick ratio was 1.6 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.