ELITE FOOD ApS — Credit Rating and Financial Key Figures

ELITE FOOD ApS (CVR number: 30902319) is a company from AARHUS. The company recorded a gross profit of 444.5 kDKK in 2016. The operating profit was 45.3 kDKK, while net earnings were 34.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. ELITE FOOD ApS's liquidity measured by quick ratio was 2.7 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.