Elite Scandinavia ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elite Scandinavia ApS
Elite Scandinavia ApS (CVR number: 37678562) is a company from KØBENHAVN. The company recorded a gross profit of 1159.3 kDKK in 2023. The operating profit was -156.6 kDKK, while net earnings were -200.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Elite Scandinavia ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 745.95 | 2 545.39 | 2 666.57 | 1 835.65 | 1 159.26 |
EBIT | 482.67 | 891.36 | 430.48 | 49.54 | - 156.56 |
Net earnings | 352.15 | 661.00 | 286.04 | -9.72 | - 200.50 |
Shareholders equity total | 583.61 | 1 244.61 | 1 530.65 | 1 520.84 | 320.34 |
Balance sheet total (assets) | 1 269.72 | 2 680.22 | 3 524.22 | 2 010.03 | 1 647.88 |
Net debt | - 852.44 | -1 806.04 | -1 826.37 | -1 405.67 | - 615.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.6 % | 45.1 % | 13.9 % | 1.8 % | -8.6 % |
ROE | 63.2 % | 72.3 % | 20.6 % | -0.6 % | -21.8 % |
ROI | 72.2 % | 85.1 % | 28.4 % | 3.3 % | -11.8 % |
Economic value added (EVA) | 381.51 | 704.65 | 362.07 | 66.85 | - 161.17 |
Solvency | |||||
Equity ratio | 46.0 % | 46.8 % | 43.7 % | 79.9 % | 21.5 % |
Gearing | 8.0 % | 16.4 % | 2.7 % | 1.5 % | 242.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.5 | 4.0 | 1.2 |
Current ratio | 1.6 | 1.5 | 1.5 | 3.4 | 1.1 |
Cash and cash equivalents | 899.25 | 2 010.12 | 1 868.34 | 1 429.09 | 1 390.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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