ELGIGANTEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELGIGANTEN A/S
ELGIGANTEN A/S (CVR number: 17237977) is a company from KØBENHAVN. The company reported a net sales of 6244.4 mDKK in 2024, demonstrating a decline of -1.5 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 87.8 mDKK), while net earnings were 67.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. ELGIGANTEN A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 7 128.47 | 7 077.25 | 6 368.51 | 6 338.10 | 6 244.42 |
| Gross profit | 7 128.47 | 7 077.25 | 6 368.51 | 742.92 | 764.44 |
| EBIT | 131.32 | 132.79 | 46.74 | 77.05 | 87.85 |
| Net earnings | 101.28 | 103.38 | 34.16 | 59.13 | 67.60 |
| Shareholders equity total | 365.21 | 318.59 | 352.75 | 411.88 | 479.48 |
| Balance sheet total (assets) | 1 478.67 | 1 193.62 | 1 072.18 | 1 122.59 | 1 246.35 |
| Net debt | 406.06 | 457.72 | |||
| Profitability | |||||
| EBIT-% | 1.8 % | 1.9 % | 0.7 % | 1.2 % | 1.4 % |
| ROA | 9.5 % | 9.9 % | 4.1 % | 7.3 % | 7.7 % |
| ROE | 32.2 % | 30.2 % | 10.2 % | 15.5 % | 15.2 % |
| ROI | 9.5 % | 9.9 % | 4.1 % | 8.4 % | 10.2 % |
| Economic value added (EVA) | 118.06 | 114.44 | 30.74 | 42.45 | 26.09 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 37.6 % | 39.2 % |
| Gearing | 100.7 % | 98.2 % | |||
| Relative net indebtedness % | 11.0 % | 12.0 % | |||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.7 | |||
| Current ratio | 1.4 | 1.5 | |||
| Cash and cash equivalents | 8.88 | 13.10 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 6.9 | 8.9 | |||
| Net working capital % | 4.5 % | 5.9 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | AA | AA |
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