ELKÆR A/S — Credit Rating and Financial Key Figures

CVR number: 14309586
Enggårdstoften 103, 7120 Vejle Øst
em@elkaer.com
tel: 75896054

Company information

Official name
ELKÆR A/S
Personnel
3 persons
Established
1990
Company form
Limited company
Industry

About ELKÆR A/S

ELKÆR A/S (CVR number: 14309586) is a company from VEJLE. The company recorded a gross profit of -213.5 kDKK in 2023. The operating profit was -1135.4 kDKK, while net earnings were -70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELKÆR A/S's liquidity measured by quick ratio was 9.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15.91-39.98-55.03- 104.96- 213.46
EBIT- 260.36- 518.74- 500.86- 515.60-1 135.35
Net earnings-1 218.481 955.30- 308.826 307.69-70.39
Shareholders equity total66 070.9067 915.6067 493.7873 687.0771 616.68
Balance sheet total (assets)73 996.4383 616.5579 227.2875 039.0673 390.20
Net debt3 392.682 198.562 259.63-14 726.62-12 290.94
Profitability
EBIT-%
ROA-0.6 %4.2 %0.4 %7.3 %0.1 %
ROE-1.8 %2.9 %-0.5 %8.9 %-0.1 %
ROI-0.7 %4.4 %0.4 %7.4 %0.1 %
Economic value added (EVA)-4 198.81-3 855.41-4 372.20-4 517.31-4 533.12
Solvency
Equity ratio89.3 %81.2 %85.2 %98.2 %97.6 %
Gearing6.2 %17.7 %15.9 %0.7 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.63.44.220.89.7
Current ratio5.63.44.220.89.7
Cash and cash equivalents719.839 817.868 494.3315 209.0413 790.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.10%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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