Elster Business Group IVS — Credit Rating and Financial Key Figures

Elster Business Group IVS (CVR number: 38830708) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -108.1 kDKK in 2020. The operating profit was -109.1 kDKK, while net earnings were -137 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.8 %, which can be considered poor and Return on Equity (ROE) was -78.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. Elster Business Group IVS'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.