Elvo 1923 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elvo 1923 ApS
Elvo 1923 ApS (CVR number: 40311637) is a company from KØBENHAVN. The company recorded a gross profit of 454.1 kDKK in 2024. The operating profit was -131.2 kDKK, while net earnings were -150.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -47.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elvo 1923 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 361.20 | 1 028.70 | 902.48 | 466.94 | 454.06 |
EBIT | - 180.29 | 42.25 | - 114.03 | - 178.21 | - 131.19 |
Net earnings | - 142.75 | 27.36 | -97.15 | - 181.21 | - 150.85 |
Shareholders equity total | -48.33 | 379.04 | 281.88 | 100.67 | -50.18 |
Balance sheet total (assets) | 502.59 | 1 194.30 | 888.93 | 516.67 | 539.51 |
Net debt | 158.93 | - 326.70 | - 144.05 | 117.45 | 288.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -32.7 % | 5.0 % | -10.9 % | -25.2 % | -23.7 % |
ROE | -47.9 % | 6.2 % | -29.4 % | -94.7 % | -47.1 % |
ROI | -72.6 % | 11.6 % | -21.8 % | -45.8 % | -41.2 % |
Economic value added (EVA) | - 154.27 | 26.04 | - 117.69 | - 202.17 | - 156.98 |
Solvency | |||||
Equity ratio | -8.8 % | 31.7 % | 31.7 % | 19.5 % | -8.5 % |
Gearing | -377.8 % | 49.8 % | 69.2 % | 195.6 % | -675.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.3 | 1.3 | 1.2 | 0.6 |
Current ratio | 1.0 | 1.7 | 2.0 | 2.1 | 1.3 |
Cash and cash equivalents | 23.65 | 515.65 | 339.05 | 79.49 | 50.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | BB | BB |
Variable visualization
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