ELSTEEL-DANMARK A/S

CVR number: 24993582
Møllevej 9 C, Nivå 2990 Nivå

Credit rating

Company information

Official name
ELSTEEL-DANMARK A/S
Established
1999
Domicile
Nivå
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

ELSTEEL-DANMARK A/S (CVR number: 24993582) is a company from FREDENSBORG. The company recorded a gross profit of 5594.5 kDKK in 2023. The operating profit was 1764 kDKK, while net earnings were 1297.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. ELSTEEL-DANMARK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 751.744 440.614 948.216 175.085 594.55
EBIT228.5243.39247.751 647.511 764.04
Net earnings151.10-44.02133.711 440.961 297.06
Shareholders equity total3 748.003 703.983 720.315 161.276 458.33
Balance sheet total (assets)27 168.1122 103.8323 314.4822 540.6623 356.31
Net debt18 454.7115 074.4415 988.819 654.5012 525.43
Profitability
EBIT-%
ROA1.2 %0.2 %1.1 %7.2 %7.7 %
ROE4.1 %-1.2 %3.6 %32.4 %22.3 %
ROI5.0 %0.4 %1.2 %8.4 %9.1 %
Economic value added (EVA)178.6245.09233.651 493.611 388.64
Solvency
Equity ratio13.8 %16.8 %16.0 %23.0 %27.7 %
Gearing526.9 %432.2 %448.8 %247.7 %209.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.40.50.4
Current ratio1.21.21.11.31.4
Cash and cash equivalents1 291.82933.37707.663 127.671 008.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.69%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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