Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 320.11 | 4 750.57 | 4 978.87 | 4 589.21 | -29.50 |
EBIT | 610.00 | 920.93 | 658.00 | 579.84 | -32.65 |
Net earnings | 72.62 | 396.20 | 259.61 | 124.74 | -42.88 |
Shareholders equity total | 438.13 | 834.34 | 1 093.95 | 1 218.69 | 1 175.81 |
Balance sheet total (assets) | 13 566.78 | 12 303.71 | 11 694.59 | 9 629.15 | 2 223.05 |
Net debt | 11 249.65 | 9 450.73 | 8 002.46 | 7 186.11 | 247.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 7.1 % | 5.5 % | 5.5 % | 1.0 % |
ROE | 18.1 % | 62.3 % | 26.9 % | 10.8 % | -3.6 % |
ROI | 4.5 % | 8.1 % | 6.5 % | 6.5 % | 1.2 % |
Economic value added (EVA) | 141.45 | 512.03 | 412.02 | 398.51 | -87.04 |
Solvency | |||||
Equity ratio | 3.2 % | 6.8 % | 9.5 % | 12.7 % | 52.9 % |
Gearing | 2567.8 % | 1132.8 % | 731.5 % | 589.7 % | 21.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.1 | 1.2 | 2.1 |
Current ratio | 0.5 | 0.5 | 0.6 | 1.2 | 2.1 |
Cash and cash equivalents | 0.76 | 0.76 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BB |
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