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

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

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit72 649.7858 973.8851 315.57
Employee benefit expenses-58 599.09-52 685.62-48 557.81
Other operating expenses-24.42
Total depreciation-3 421.99-4 043.50-4 422.98
EBIT9 247.0011 880.0010 628.702 220.34-1 665.21
Other financial income13.494.9719.18
Other financial expenses-1 683.63-2 307.25-1 413.33
Net income from associates (fin.)632.28422.90- 254.29
Pre-tax profit7 568.0011 731.009 590.84340.96-3 313.65
Income taxes-2 176.88- 420.93- 121.96
Net earnings7 568.0011 731.007 413.96-79.97-3 435.61

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible rights211.85223.06175.52
Goodwill1 469.381 157.17846.13
Intangible assets total1 681.231 380.231 021.65
Land and waters32 082.1433 991.5133 036.43
Buildings107.72132.70150.34
Machinery and equipment10 040.5114 697.6312 678.75
Advance payments and construction in progress15 908.3016 412.3116 453.74
Tangible assets total58 138.6765 234.1562 319.27
Participating interests1 062.891 486.461 159.56
Investments total90 631.00123 173.001 062.891 486.461 159.56
Long term receivables total
Semifinished products565.51350.54266.76
Raw materials and consumables41 144.0033 548.0534 953.99
Finished products/goods3 798.035 526.675 271.24
Advance payments303.52
Inventories total45 811.0739 425.2640 491.99
Current trade debtors21 155.8114 057.5715 372.77
Current owed by particip. interest comp.289.15351.59166.27
Prepayments and accrued income329.24803.50669.04
Current other receivables6 483.423 158.76976.49
Current deferred tax assets579.78221.62698.51
Short term receivables total28 837.4118 593.0417 883.08
Cash and bank deposits5 778.093 387.204 594.94
Cash and cash equivalents5 778.093 387.204 594.94
Balance sheet total (assets)90 631.00123 173.00141 309.35129 506.35127 470.48

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital49 156.0060 987.004 051.004 051.004 051.00
Other reserves-45.09- 194.7314.95
Retained earnings-7 568.00-11 731.0056 935.5864 349.5464 269.57
Profit of the financial year7 568.0011 731.007 413.96-79.97-3 435.61
Shareholders equity total49 156.0060 987.0068 355.4568 125.8464 899.91
Provisions- 558.11454.6812.4998.14
Non-current loans from credit institutions15 128.8214 317.9213 495.70
Non-current liabilities total15 128.8214 317.9213 495.70
Current loans from credit institutions24 054.9120 557.3120 447.98
Advances received637.80724.11281.82
Current trade creditors11 211.217 156.859 868.32
Current owed to participating10 000.0010 000.009 963.34
Other non-interest bearing current liabilities11 466.498 611.828 372.28
Accruals and deferred income43.00
Current liabilities total57 370.4047 050.1048 976.73
Balance sheet total (liabilities)49 156.0060 428.89141 309.35129 506.35127 470.48
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