Elements Denmark ApS

CVR number: 32278078
Balticagade 10 B, 8000 Aarhus C
tel: 86203570

Credit rating

Company information

Official name
Elements Denmark ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Elements Denmark ApS

Elements Denmark ApS (CVR number: 32278078) is a company from AARHUS. The company recorded a gross profit of -30.7 kDKK in 2023. The operating profit was -30.7 kDKK, while net earnings were -29.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -136.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elements Denmark ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-27.43122.88-8.65-22.88-30.71
EBIT-27.43122.88-8.65-22.88-30.71
Net earnings-31.5861.90-8.78-23.02-29.65
Shareholders equity total-1 600.56-1 538.66-1 547.43-1 570.46-1 600.10
Balance sheet total (assets)68.6052.4744.1926.1717.40
Net debt1 482.371 558.721 562.001 575.021 604.91
Profitability
EBIT-%
ROA-1.7 %7.5 %-0.5 %-1.4 %-1.8 %
ROE-71.0 %102.3 %-18.2 %-65.4 %-136.1 %
ROI-1.8 %8.0 %-0.6 %-1.4 %-1.9 %
Economic value added (EVA)59.79203.9568.7955.7249.64
Solvency
Equity ratio-95.9 %-96.7 %-97.2 %-98.4 %-98.9 %
Gearing-93.4 %-101.5 %-102.0 %-100.5 %-100.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents12.942.5116.633.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-1.84%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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