Elkær Maskiner ApS — Credit Rating and Financial Key Figures

CVR number: 38675478
Saturnvej 17, 8700 Horsens

Credit rating

Company information

Official name
Elkær Maskiner ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Elkær Maskiner ApS

Elkær Maskiner ApS (CVR number: 38675478) is a company from HORSENS. The company recorded a gross profit of -29.5 kDKK in 2024. The operating profit was -32.6 kDKK, while net earnings were -42.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.9 %, 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. Elkær Maskiner ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 320.114 750.574 978.874 589.21-29.50
EBIT610.00920.93658.00579.84-32.65
Net earnings72.62396.20259.61124.74-42.88
Shareholders equity total438.13834.341 093.951 218.691 175.81
Balance sheet total (assets)13 566.7812 303.7111 694.599 629.152 223.05
Net debt11 249.659 450.738 002.467 186.11247.69
Profitability
EBIT-%
ROA4.1 %7.1 %5.5 %5.5 %1.0 %
ROE18.1 %62.3 %26.9 %10.8 %-3.6 %
ROI4.5 %8.1 %6.5 %6.5 %1.2 %
Economic value added (EVA)141.45512.03412.02398.51-87.04
Solvency
Equity ratio3.2 %6.8 %9.5 %12.7 %52.9 %
Gearing2567.8 %1132.8 %731.5 %589.7 %21.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.11.22.1
Current ratio0.50.50.61.22.1
Cash and cash equivalents0.760.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:0.96%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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