ELVSTRØM SAILS A/S — Credit Rating and Financial Key Figures

CVR number: 50766713
Paul Elvstrøms Vej 4, 6200 Aabenraa
info@elvstromsails.com

Company information

Official name
ELVSTRØM SAILS A/S
Personnel
73 persons
Established
1962
Company form
Limited company
Industry

About ELVSTRØM SAILS A/S

ELVSTRØM SAILS A/S (CVR number: 50766713K) is a company from AABENRAA. The company recorded a gross profit of 69.5 mDKK in 2024. The operating profit was 2220.3 kDKK, while net earnings were -80 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, 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 52.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELVSTRØM SAILS A/S's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit72 649.7869 508.88
EBIT7 875.009 247.0011 880.0010 628.702 220.34
Net earnings6 787.007 568.0011 731.007 413.96-79.97
Shareholders equity total41 825.0049 156.0060 987.0068 355.4568 125.84
Balance sheet total (assets)58 291.0090 631.00123 173.00141 309.35129 506.35
Net debt43 405.6441 488.03
Profitability
EBIT-%
ROA14.1 %12.4 %11.1 %8.5 %2.0 %
ROE17.7 %16.6 %21.3 %11.5 %-0.1 %
ROI16.5 %12.4 %11.1 %9.3 %2.3 %
Economic value added (EVA)6 297.237 145.299 409.914 981.39-2 277.15
Solvency
Equity ratio100.0 %100.0 %99.1 %48.6 %52.9 %
Gearing72.0 %65.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.5
Current ratio1.41.3
Cash and cash equivalents5 778.093 387.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:1.96%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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