Elkjærs IVS — Credit Rating and Financial Key Figures

Elkjærs IVS (CVR number: 40190694) is a company from HERNING. The company reported a net sales of 0.1 mDKK in 2019. The operating profit percentage was at 25.8 % (EBIT: 0 mDKK), while net earnings were 28.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. Elkjærs IVS's liquidity measured by quick ratio was 1.3 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.