ELLAB-FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELLAB-FONDEN
ELLAB-FONDEN (CVR number: 11632203) is a company from FREDENSBORG. The company reported a net sales of 17 mDKK in 2023, demonstrating a growth of -829 % compared to the previous year. The operating profit percentage was at 87.4 % (EBIT: 14.8 mDKK), while net earnings were 61.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. 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. ELLAB-FONDEN's liquidity measured by quick ratio was 501.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -2 266.87 | 51 639.32 | -3 716.40 | -2 327.47 | 16 967.34 |
Gross profit | -3 670.10 | 50 185.71 | -5 607.11 | -3 529.42 | 15 182.74 |
EBIT | -4 271.12 | 49 586.00 | -6 128.10 | -3 883.92 | 14 829.20 |
Net earnings | -4 886.37 | 75 345.06 | -14 228.06 | - 915.61 | 61 440.29 |
Shareholders equity total | 482 119.02 | 533 376.95 | 515 289.85 | 501 075.74 | 555 416.03 |
Balance sheet total (assets) | 489 261.19 | 540 151.79 | 518 496.14 | 501 621.80 | 556 019.71 |
Net debt | - 188 716.66 | - 246 882.64 | - 230 893.75 | - 241 097.94 | - 302 357.68 |
Profitability | |||||
EBIT-% | 96.0 % | 87.4 % | |||
ROA | -0.1 % | 14.7 % | 0.2 % | 1.0 % | 11.7 % |
ROE | -1.0 % | 14.8 % | -2.7 % | -0.2 % | 11.6 % |
ROI | -0.1 % | 14.8 % | 0.2 % | 1.0 % | 11.7 % |
Economic value added (EVA) | 16 099.37 | 61 177.60 | 11 041.62 | 9 290.23 | 27 752.71 |
Solvency | |||||
Equity ratio | 98.5 % | 98.7 % | 99.4 % | 99.9 % | 99.9 % |
Gearing | 0.3 % | ||||
Relative net indebtedness % | 8009.9 % | -468.0 % | 6126.6 % | 10335.3 % | -1778.4 % |
Liquidity | |||||
Quick ratio | 35.0 | 36.8 | 87.3 | 486.0 | 501.6 |
Current ratio | 35.0 | 36.8 | 87.3 | 486.0 | 501.6 |
Cash and cash equivalents | 188 716.66 | 248 455.09 | 230 893.75 | 241 097.94 | 302 357.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3598.3 % | 74.6 % | -1403.1 % | -1669.7 % | 84.3 % |
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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