K/S ELTANGVEJ, KOLDING — Credit Rating and Financial Key Figures

CVR number: 25624645
Klosterplads 2, 5700 Svendborg
michael@holmsberg.dk
tel: 70227735

Company information

Official name
K/S ELTANGVEJ, KOLDING
Established
2000
Company form
Limited partnership
Industry

About K/S ELTANGVEJ, KOLDING

K/S ELTANGVEJ, KOLDING (CVR number: 25624645) is a company from SVENDBORG. The company recorded a gross profit of 2347.1 kDKK in 2023. The operating profit was 1838.6 kDKK, while net earnings were 1703 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S ELTANGVEJ, KOLDING's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 593.912 609.292 622.36
Gross profit2 132.422 148.181 597.162 315.582 347.09
EBIT5 085.922 148.181 872.091 697.891 838.57
Net earnings5 162.652 035.541 671.101 530.091 703.02
Shareholders equity total21 645.6123 248.0418 519.1519 049.2419 452.26
Balance sheet total (assets)39 096.4939 133.2940 155.1039 662.8238 987.05
Net debt16 006.7614 152.6619 915.0118 711.4717 806.06
Profitability
EBIT-%196.1 %82.3 %71.4 %
ROA13.6 %5.5 %4.7 %4.3 %4.7 %
ROE26.8 %9.1 %8.0 %8.1 %8.8 %
ROI13.7 %5.6 %4.8 %4.3 %4.8 %
Economic value added (EVA)3 620.76466.48159.47- 178.00-3.85
Solvency
Equity ratio55.4 %59.4 %46.1 %48.0 %49.9 %
Gearing73.9 %60.9 %109.1 %100.3 %92.6 %
Relative net indebtedness %672.8 %608.8 %813.8 %
Liquidity
Quick ratio0.20.30.1
Current ratio0.20.30.1
Cash and cash equivalents294.80400.01209.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-102.4 %-80.0 %-47.6 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.73%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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