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ELFIRMAET DAMGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELFIRMAET DAMGAARD A/S
ELFIRMAET DAMGAARD A/S (CVR number: 31260531) is a company from VEJLE. The company recorded a gross profit of 2800 kDKK in 2024. The operating profit was -2312.1 kDKK, while net earnings were -2014.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.3 %, which can be considered poor and Return on Equity (ROE) was -59.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. ELFIRMAET DAMGAARD A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 7 230.93 | 7 955.79 | 5 738.52 | 4 850.05 | 2 799.98 |
| EBIT | 2 600.20 | 2 930.55 | 1 470.73 | 598.37 | -2 312.11 |
| Net earnings | 2 002.63 | 2 237.18 | 1 052.99 | 296.26 | -2 014.63 |
| Shareholders equity total | 4 300.82 | 5 038.01 | 4 590.99 | 4 387.26 | 2 372.63 |
| Balance sheet total (assets) | 9 809.34 | 11 242.82 | 8 773.65 | 10 743.04 | 8 258.76 |
| Net debt | 2 091.04 | 1 590.96 | 887.10 | 3 402.24 | 3 895.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.6 % | 27.8 % | 14.7 % | 6.2 % | -24.3 % |
| ROE | 52.7 % | 47.9 % | 21.9 % | 6.6 % | -59.6 % |
| ROI | 46.9 % | 41.8 % | 21.2 % | 8.1 % | -31.9 % |
| Economic value added (EVA) | 1 816.05 | 1 941.64 | 783.49 | 122.16 | -2 219.01 |
| Solvency | |||||
| Equity ratio | 43.8 % | 44.8 % | 52.3 % | 40.8 % | 28.7 % |
| Gearing | 48.9 % | 35.3 % | 45.1 % | 83.2 % | 168.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 1.8 | 2.0 | 1.5 | 1.2 |
| Current ratio | 1.9 | 1.9 | 2.1 | 1.6 | 1.3 |
| Cash and cash equivalents | 14.03 | 186.70 | 1 184.24 | 246.48 | 110.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | B |
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