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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 34.3 mDKK in 2025. The operating profit was -796.6 kDKK, while net earnings were -3435.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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 financials2023 | 2024 | 2025 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 40 748.64 | 36 161.27 | 34 261.96 |
| EBIT | 4 927.74 | -1 696.02 | - 796.56 |
| Net earnings | 7 413.96 | -79.97 | -3 435.61 |
| Shareholders equity total | 68 355.45 | 68 125.84 | 64 899.91 |
| Balance sheet total (assets) | 118 805.95 | 106 766.23 | 106 180.30 |
| Net debt | 36 662.48 | 29 448.74 | 28 371.94 |
| Profitability | |||
| EBIT-% | |||
| ROA | 8.3 % | 0.9 % | -2.0 % |
| ROE | 11.0 % | -0.1 % | -5.2 % |
| ROI | 9.4 % | 1.0 % | -2.2 % |
| Economic value added (EVA) | 3 463.03 | -6 494.78 | -5 696.74 |
| Solvency | |||
| Equity ratio | 57.8 % | 64.0 % | 61.3 % |
| Gearing | 53.6 % | 44.2 % | 45.6 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.2 | 1.3 | 1.3 |
| Current ratio | 1.5 | 1.6 | 1.6 |
| Cash and cash equivalents | 4.75 | 694.96 | 1 201.33 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | A | A | BBB |
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