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ELWORKS A/S — Credit Rating and Financial Key Figures

CVR number: 58585610
Nordager 3, 6000 Kolding
lhc@elworks.dk
tel: 96203101
Free credit report Annual report

Credit rating

Company information

Official name
ELWORKS A/S
Personnel
9 persons
Established
1976
Company form
Limited company
Industry

About ELWORKS A/S

ELWORKS A/S (CVR number: 58585610) is a company from KOLDING. The company recorded a gross profit of 18.7 mDKK in 2025. The operating profit was 9712.4 kDKK, while net earnings were 7694.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELWORKS A/S's liquidity measured by quick ratio was 0.8 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit17 929.007 260.2412 759.1216 469.0218 676.29
EBIT6 377.00-3 968.931 980.186 281.229 712.42
Net earnings4 933.00-3 224.041 270.384 543.847 694.27
Shareholders equity total39 161.0031 437.0832 707.4627 251.3130 401.73
Balance sheet total (assets)50 896.0059 799.4345 077.0249 043.6867 051.44
Net debt12 858.19-2 354.365 969.09-3 485.18
Profitability
EBIT-%
ROA12.1 %-7.2 %3.8 %13.4 %17.7 %
ROE12.6 %-9.1 %4.0 %15.2 %26.7 %
ROI16.1 %-8.4 %4.2 %15.1 %21.9 %
Economic value added (EVA)5 747.69-2 526.70-1 218.512 897.785 414.50
Solvency
Equity ratio38.5 %52.6 %72.6 %55.6 %45.3 %
Gearing75.3 %21.9 %56.6 %64.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.10.61.30.70.8
Current ratio4.12.03.42.01.6
Cash and cash equivalents10 804.779 523.569 468.7423 021.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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