Elvo 1923 ApS — Credit Rating and Financial Key Figures

CVR number: 40311637
Sturlasgade 14, 2300 København S

Company information

Official name
Elvo 1923 ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit361.201 028.70902.48466.94454.06
EBIT- 180.2942.25- 114.03- 178.21- 131.19
Net earnings- 142.7527.36-97.15- 181.21- 150.85
Shareholders equity total-48.33379.04281.88100.67-50.18
Balance sheet total (assets)502.591 194.30888.93516.67539.51
Net debt158.93- 326.70- 144.05117.45288.44
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)- 154.2726.04- 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 ratio0.81.31.31.20.6
Current ratio1.01.72.02.11.3
Cash and cash equivalents23.65515.65339.0579.4950.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-23.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.51%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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