ELAS MH ApS — Credit Rating and Financial Key Figures

CVR number: 39923165
Industrivej Nord 1, Birk 7400 Herning

Company information

Official name
ELAS MH ApS
Established
2018
Domicile
Birk
Company form
Private limited company
Industry

About ELAS MH ApS

ELAS MH ApS (CVR number: 39923165) is a company from HERNING. The company recorded a gross profit of -10.1 kDKK in 2024. The operating profit was -10.1 kDKK, while net earnings were 2517.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 35.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELAS MH ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-5.00-7.76-6.94-9.26-10.13
EBIT-5.00-7.76-6.94-9.26-10.13
Net earnings1 902.932 379.892 257.912 203.722 517.09
Shareholders equity total5 395.676 176.486 134.396 538.117 475.20
Balance sheet total (assets)5 400.676 182.486 140.396 554.607 483.20
Net debt-10.80-7.56-0.608.13-2.81
Profitability
EBIT-%
ROA37.2 %41.1 %36.6 %34.7 %35.9 %
ROE37.3 %41.1 %36.7 %34.8 %35.9 %
ROI37.3 %41.1 %36.7 %34.8 %35.9 %
Economic value added (EVA)56.1382.04122.37118.28138.71
Solvency
Equity ratio99.9 %99.9 %99.9 %99.7 %99.9 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.30.10.10.4
Current ratio2.21.30.10.10.4
Cash and cash equivalents10.807.560.601.362.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:35.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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