Elgaards Frisørsalon ApS

Elgaards Frisørsalon ApS (CVR number: 42646784) is a company from RANDERS. The company recorded a gross profit of 4633.3 kDKK in 2023. The operating profit was 148.3 kDKK, while net earnings were 120.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. Elgaards Frisørsalon ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.