ELINORD A/S — Credit Rating and Financial Key Figures

ELINORD A/S (CVR number: 25615581) is a company from FREDERIKSHAVN. The company reported a net sales of 46.5 mDKK in 2023, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 36.1 % (EBIT: 16.8 mDKK), while net earnings were 15 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. ELINORD A/S's liquidity measured by quick ratio was 5.6 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.