ELVSTRØM SAILS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 40 748.64 | 36 161.27 | |
EBIT | 4 927.74 | -1 696.02 | |
Net earnings | 7 413.96 | -79.97 | |
Shareholders equity total | 68 355.45 | 68 125.84 | |
Balance sheet total (assets) | 118 805.95 | 106 766.23 | |
Net debt | 36 662.48 | 29 448.74 | |
Profitability | |||
EBIT-% | |||
ROA | 8.3 % | 0.9 % | |
ROE | 11.0 % | -0.1 % | |
ROI | 9.4 % | 1.0 % | |
Economic value added (EVA) | -1 316.80 | 3 408.19 | -3 410.26 |
Solvency | |||
Equity ratio | 57.8 % | 64.2 % | |
Gearing | 53.6 % | 44.2 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.2 | 1.3 | |
Current ratio | 1.5 | 1.6 | |
Cash and cash equivalents | 4.75 | 694.96 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A |
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