ELTIME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELTIME A/S
ELTIME A/S (CVR number: 15205091) is a company from ROSKILDE. The company recorded a gross profit of 1607.1 kDKK in 2023. The operating profit was -115 kDKK, while net earnings were -148.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. ELTIME A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 301.66 | 2 220.26 | 1 881.01 | 1 798.68 | 1 607.14 |
EBIT | 239.98 | 54.19 | 19.10 | 152.92 | - 114.95 |
Net earnings | 160.98 | 28.59 | 7.00 | 117.14 | - 148.60 |
Shareholders equity total | 769.17 | 797.76 | 804.76 | 921.91 | 773.31 |
Balance sheet total (assets) | 1 994.65 | 2 494.64 | 2 145.99 | 2 278.75 | 1 772.56 |
Net debt | -64.30 | - 375.17 | - 159.17 | 49.68 | 241.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.7 % | 2.4 % | 0.8 % | 6.9 % | -5.6 % |
ROE | 23.4 % | 3.6 % | 0.9 % | 13.6 % | -17.5 % |
ROI | 18.7 % | 5.2 % | 1.8 % | 13.1 % | -9.9 % |
Economic value added (EVA) | 155.88 | 17.46 | -8.30 | 89.21 | - 145.43 |
Solvency | |||||
Equity ratio | 38.6 % | 32.0 % | 37.5 % | 40.5 % | 43.6 % |
Gearing | 34.3 % | 0.5 % | 8.2 % | 14.3 % | 52.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.9 | 0.9 | 0.6 |
Current ratio | 1.8 | 1.4 | 2.0 | 1.7 | 1.8 |
Cash and cash equivalents | 328.33 | 378.80 | 224.78 | 82.06 | 165.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
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