Elert & Kok Holding A/S — Credit Rating and Financial Key Figures

Elert & Kok Holding A/S (CVR number: 31256054K) is a company from SKANDERBORG. The company recorded a gross profit of 32.9 mDKK in 2020. The operating profit was 2988.6 kDKK, while net earnings were 2252.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 56.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. Elert & Kok Holding A/S'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.