User blog comment:Crimson and Darkness/Volume 24 discussion blog/@comment-185.112.105.215-20171110041824/@comment-3435913-20171110154907

They probably do exist since the Norse faction exists. If Asgard exists, then Alfheim should as well. Since Freyr is Lord of Alfheim, the elves should be subordinate to or allied with the Aesir. Strength wise, I would say above normal humans, but below half-gods like Valkyries or Reapers, so perhaps on par with humans with a reasonably strong Sacred Gear.