ELK 2016 ApS — Credit Rating and Financial Key Figures

ELK 2016 ApS (CVR number: 21286133) is a company from RANDERS. The company recorded a gross profit of -9 kDKK in 2019. The operating profit was -9 kDKK, while net earnings were 154.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. ELK 2016 ApS'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.