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: 50766713) is a company from AABENRAA. The company recorded a gross profit of 36.2 mDKK in 2024. The operating profit was -1696 kDKK, while net earnings were -80 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, 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 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. ELVSTRØM SAILS A/S's liquidity measured by quick ratio was 1.3 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
2023
2024
Volume
Net sales
Gross profit40 748.6436 161.27
EBIT4 927.74-1 696.02
Net earnings7 413.96-79.97
Shareholders equity total68 355.4568 125.84
Balance sheet total (assets)118 805.95106 766.23
Net debt36 662.4829 448.74
Profitability
EBIT-%
ROA8.3 %0.9 %
ROE11.0 %-0.1 %
ROI9.4 %1.0 %
Economic value added (EVA)-1 316.803 408.19-3 410.26
Solvency
Equity ratio57.8 %64.2 %
Gearing53.6 %44.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.3
Current ratio1.51.6
Cash and cash equivalents4.75694.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:0.93%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-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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