ELMEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELMEN ApS
ELMEN ApS (CVR number: 32077706) is a company from KERTEMINDE. The company recorded a gross profit of -7.7 kDKK in 2023. The operating profit was -7.7 kDKK, while net earnings were 234.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELMEN ApS's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 133.20 | 145.20 | |||
Gross profit | 25.16 | 36.81 | -18.25 | -21.18 | -7.73 |
EBIT | 11.89 | - 283.19 | -18.25 | -21.18 | -7.73 |
Net earnings | 48.87 | - 265.26 | 30.80 | - 397.63 | 234.44 |
Shareholders equity total | 1 873.76 | 1 608.50 | 1 639.30 | 1 241.67 | 1 476.11 |
Balance sheet total (assets) | 1 961.78 | 1 676.89 | 2 831.46 | 2 428.19 | 2 197.77 |
Net debt | - 181.85 | - 191.30 | - 688.36 | - 655.04 | - 182.46 |
Profitability | |||||
EBIT-% | 8.9 % | -195.0 % | |||
ROA | 2.5 % | -14.1 % | 4.0 % | 10.2 % | 10.1 % |
ROE | 2.6 % | -15.2 % | 1.9 % | -27.6 % | 17.3 % |
ROI | 2.7 % | -14.8 % | 4.8 % | -27.2 % | 17.3 % |
Economic value added (EVA) | -72.67 | - 375.71 | -89.46 | -68.97 | -37.21 |
Solvency | |||||
Equity ratio | 95.5 % | 95.9 % | 57.9 % | 51.1 % | 67.2 % |
Gearing | |||||
Relative net indebtedness % | -70.4 % | -84.7 % | |||
Liquidity | |||||
Quick ratio | 9.6 | 12.8 | 2.4 | 2.0 | 3.0 |
Current ratio | 9.6 | 12.8 | 2.4 | 2.0 | 3.0 |
Cash and cash equivalents | 181.85 | 191.30 | 688.36 | 655.04 | 182.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 565.2 % | 556.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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