ELMEN ApS — Credit Rating and Financial Key Figures

CVR number: 32077706
Odensevej 36, 5300 Kerteminde

Credit rating

Company information

Official name
ELMEN ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon649990

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales133.20145.20
Gross profit25.1636.81-18.25-21.18-7.73
EBIT11.89- 283.19-18.25-21.18-7.73
Net earnings48.87- 265.2630.80- 397.63234.44
Shareholders equity total1 873.761 608.501 639.301 241.671 476.11
Balance sheet total (assets)1 961.781 676.892 831.462 428.192 197.77
Net debt- 181.85- 191.30- 688.36- 655.04- 182.46
Profitability
EBIT-%8.9 %-195.0 %
ROA2.5 %-14.1 %4.0 %10.2 %10.1 %
ROE2.6 %-15.2 %1.9 %-27.6 %17.3 %
ROI2.7 %-14.8 %4.8 %-27.2 %17.3 %
Economic value added (EVA)-72.67- 375.71-89.46-68.97-37.21
Solvency
Equity ratio95.5 %95.9 %57.9 %51.1 %67.2 %
Gearing
Relative net indebtedness %-70.4 %-84.7 %
Liquidity
Quick ratio9.612.82.42.03.0
Current ratio9.612.82.42.03.0
Cash and cash equivalents181.85191.30688.36655.04182.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %565.2 %556.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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