ELKJÆRS CAFÉ ApS — Credit Rating and Financial Key Figures

ELKJÆRS CAFÉ ApS (CVR number: 34803773) is a company from VARDE. The company reported a net sales of 0.8 mDKK in 2016. The operating profit percentage was at 0.4 % (EBIT: 0 mDKK), while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELKJÆRS CAFÉ ApS's liquidity measured by quick ratio was 7.2 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.