Elnet Midt A/S — Credit Rating and Financial Key Figures

Elnet Midt A/S (CVR number: 10036461) is a company from VIBORG. The company reported a net sales of 56.3 mDKK in 2024, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 39.8 % (EBIT: 22.4 mDKK), while net earnings were 19.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. Elnet Midt A/S's liquidity measured by quick ratio was 3.2 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.