Elkjær Electric ApS — Credit Rating and Financial Key Figures

CVR number: 40618880
Bysvinget 3, 2625 Vallensbæk
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Credit rating

Company information

Official name
Elkjær Electric ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Elkjær Electric ApS

Elkjær Electric ApS (CVR number: 40618880) is a company from VALLENSBÆK. The company recorded a gross profit of 1435.8 kDKK in 2024. The operating profit was 17.1 kDKK, while net earnings were 12.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. Elkjær Electric ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit568.46861.96423.12996.981 435.77
EBIT-64.0869.86- 195.4140.9717.09
Net earnings-53.6851.19- 158.3231.7012.18
Shareholders equity total323.34294.5388.21119.91132.09
Balance sheet total (assets)619.20506.56250.55412.19454.25
Net debt-33.32- 259.74-17.53- 139.74- 257.95
Profitability
EBIT-%
ROA-9.4 %12.4 %-51.6 %12.4 %3.9 %
ROE-13.2 %16.6 %-82.7 %30.5 %9.7 %
ROI-13.5 %19.1 %-85.6 %31.6 %11.6 %
Economic value added (EVA)-78.7434.19- 173.8326.234.74
Solvency
Equity ratio52.2 %58.1 %35.2 %29.1 %29.1 %
Gearing7.9 %7.9 %25.9 %23.8 %7.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.11.01.41.4
Current ratio1.72.11.01.41.4
Cash and cash equivalents58.85282.9440.39168.29267.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.94%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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