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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)

2023
2024
2025
Fiscal period length121212
Net sales
Gross profit40 748.6436 161.2734 261.96
Employee benefit expenses-34 423.73-36 266.41-33 371.78
Total depreciation-1 397.17-1 590.89-1 686.74
EBIT4 927.74-1 696.02- 796.56
Other financial income410.541 423.491 438.12
Other financial expenses-1 223.51-1 681.08-1 298.76
Net income from associates (fin.)4 568.051 318.05-2 789.67
Pre-tax profit8 682.82- 635.57-3 446.87
Income taxes-1 268.86555.6011.26
Net earnings7 413.96-79.97-3 435.61

Assets (kDKK)

2023
2024
2025
Intangible rights97.33148.88
Goodwill514.87440.43365.99
Intangible assets total514.87537.77514.88
Buildings25.0019.00
Machinery and equipment6 359.125 745.094 829.92
Advance payments and construction in progress15 908.3016 412.3116 453.74
Tangible assets total22 267.4222 182.4021 302.66
Holdings in group member companies18 713.0320 183.7018 079.69
Participating interests1 062.891 486.461 159.56
Investments total19 775.9221 670.1619 239.25
Long term receivables total
Semifinished products565.51350.54266.76
Raw materials and consumables12 083.579 496.229 874.21
Finished products/goods3 798.033 917.243 222.79
Advance payments303.52
Inventories total16 750.6313 764.0113 363.77
Current trade debtors8 858.105 750.034 643.82
Current amounts owed by group member comp.44 859.6137 580.1543 879.90
Current owed by particip. interest comp.289.15351.59166.27
Prepayments and accrued income329.24776.82654.38
Current other receivables5 156.252 976.44731.04
Current deferred tax assets481.93483.00
Short term receivables total59 492.3647 916.9450 558.41
Cash and bank deposits4.75694.961 201.33
Cash and cash equivalents4.75694.961 201.33
Balance sheet total (assets)118 805.95106 766.23106 180.30

Equity and liabilities (kDKK)

2022
2023
2024
2025
Share capital4 051.004 051.004 051.00
Other reserves4 861.856 030.273 376.22
Retained earnings52 028.6458 124.5460 908.30
Profit of the financial year7 413.96-79.97-3 435.61
Shareholders equity total68 355.4568 125.8464 899.91
Provisions-1 091.3273.67- 481.93
Non-current liabilities total
Current loans from credit institutions22 992.0819 723.5519 611.46
Advances received637.80724.11281.82
Current trade creditors4 577.472 817.146 162.42
Current owed to participating10 000.0010 000.009 961.81
Current owed to group member3 675.16420.15
Short-term deferred tax liabilities103.8693.67
Other non-interest bearing current liabilities8 390.474 955.445 169.21
Current liabilities total50 376.8338 640.3941 280.39
Balance sheet total (liabilities)-1 091.32118 805.95106 284.30106 180.30
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