EDELGAARD HOLDING ApS
Credit rating
Company information
About EDELGAARD HOLDING ApS
EDELGAARD HOLDING ApS (CVR number: 33394969) is a company from RANDERS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 50.3 % (EBIT: 0 mDKK), while net earnings were 38.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. EDELGAARD HOLDING ApS's liquidity measured by quick ratio was 69.9 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 | 64.60 | 66.00 | 111.94 | 72.00 | 75.00 |
Gross profit | 58.08 | 60.07 | 87.03 | 55.55 | 58.09 |
EBIT | 15.69 | 20.64 | 76.22 | 43.02 | 37.74 |
Net earnings | 13.10 | 17.67 | 42.47 | 41.10 | 38.67 |
Shareholders equity total | 216.82 | 234.50 | 276.96 | 318.06 | 356.73 |
Balance sheet total (assets) | 278.02 | 260.84 | 1 503.16 | 1 585.70 | 1 641.05 |
Net debt | -0.29 | -55.68 | 1 194.38 | 1 227.41 | 1 259.29 |
Profitability | |||||
EBIT-% | 24.3 % | 31.3 % | 68.1 % | 59.7 % | 50.3 % |
ROA | 5.9 % | 8.4 % | 9.2 % | 5.7 % | 5.3 % |
ROE | 6.2 % | 7.8 % | 16.6 % | 13.8 % | 11.5 % |
ROI | 6.0 % | 8.9 % | 9.4 % | 5.8 % | 5.4 % |
Economic value added (EVA) | -0.76 | 7.01 | 50.41 | -21.39 | -29.25 |
Solvency | |||||
Equity ratio | 78.0 % | 89.9 % | 18.4 % | 20.1 % | 21.7 % |
Gearing | 23.7 % | 2.7 % | 436.0 % | 392.5 % | 355.0 % |
Relative net indebtedness % | 14.7 % | -54.0 % | 1083.6 % | 1731.4 % | 1703.1 % |
Liquidity | |||||
Quick ratio | 4.0 | 9.9 | 60.5 | 62.8 | 69.9 |
Current ratio | 4.0 | 9.9 | 60.5 | 62.8 | 69.9 |
Cash and cash equivalents | 51.70 | 61.96 | 13.27 | 21.04 | 7.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 215.4 % | 270.8 % | 987.0 % | 1648.3 % | 1657.7 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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