Eklund ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Eklund ApS
Eklund ApS (CVR number: 37207365) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 15.3 mDKK in 2023, demonstrating a growth of 61.4 % compared to the previous year. The operating profit percentage was at 95.7 % (EBIT: 14.6 mDKK), while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 114 %, which can be considered excellent and Return on Equity (ROE) was 146.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Eklund ApS's liquidity measured by quick ratio was 4.1 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 | 659.22 | 1 243.75 | 8 705.95 | 9 468.29 | 15 282.77 |
Gross profit | 635.13 | 1 202.79 | 8 671.59 | 9 421.35 | 15 223.15 |
EBIT | 635.13 | 1 156.29 | 8 671.59 | 9 371.16 | 14 619.63 |
Net earnings | 490.58 | 890.87 | 6 741.49 | 7 261.45 | 11 366.76 |
Shareholders equity total | 220.97 | 311.85 | 3 878.34 | 5 329.80 | 10 196.56 |
Balance sheet total (assets) | 449.95 | 859.11 | 6 007.71 | 9 861.97 | 15 893.34 |
Net debt | - 394.65 | - 670.69 | -1 073.61 | -3 156.18 | -3 274.30 |
Profitability | |||||
EBIT-% | 96.3 % | 93.0 % | 99.6 % | 99.0 % | 95.7 % |
ROA | 163.8 % | 176.7 % | 252.6 % | 118.1 % | 114.0 % |
ROE | 217.4 % | 334.4 % | 321.8 % | 157.7 % | 146.4 % |
ROI | 281.4 % | 432.0 % | 328.4 % | 162.7 % | 157.9 % |
Economic value added (EVA) | 498.05 | 909.24 | 6 779.46 | 7 161.14 | 10 984.22 |
Solvency | |||||
Equity ratio | 49.1 % | 36.3 % | 64.6 % | 54.0 % | 64.2 % |
Gearing | 0.8 % | 0.1 % | 0.2 % | 0.0 % | |
Relative net indebtedness % | -25.1 % | -10.1 % | -0.4 % | 1.6 % | 3.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.6 | 5.8 | 3.0 | 4.1 |
Current ratio | 2.0 | 1.6 | 5.8 | 3.0 | 4.1 |
Cash and cash equivalents | 394.65 | 673.20 | 1 076.61 | 3 169.17 | 3 275.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.9 | 54.6 | 46.0 | 58.2 | |
Net working capital % | 33.5 % | 25.1 % | 57.0 % | 69.1 % | 78.2 % |
Credit risk | |||||
Credit rating | BB | BB | B | BBB | BBB |
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