Elis Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elis Danmark A/S
Elis Danmark A/S (CVR number: 27339506) is a company from GLADSAXE. The company reported a net sales of 1803.5 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 20.1 % (EBIT: 361.6 mDKK), while net earnings were 291.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. Elis Danmark A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 400.16 | 1 263.75 | 1 363.56 | 1 676.93 | 1 803.49 |
Gross profit | 741.99 | 630.64 | 631.17 | 801.01 | 910.56 |
EBIT | 269.44 | 159.28 | 181.27 | 285.13 | 361.64 |
Net earnings | 162.69 | 112.71 | 146.76 | 221.92 | 291.41 |
Shareholders equity total | 762.19 | 882.43 | 1 034.62 | 1 060.13 | 1 194.57 |
Balance sheet total (assets) | 1 750.10 | 1 846.61 | 1 646.24 | 1 678.93 | 1 845.74 |
Net debt | 537.76 | 105.51 | 26.14 | 17.63 | 12.58 |
Profitability | |||||
EBIT-% | 19.2 % | 12.6 % | 13.3 % | 17.0 % | 20.1 % |
ROA | 14.7 % | 7.5 % | 11.3 % | 17.3 % | 21.2 % |
ROE | 24.2 % | 13.7 % | 15.3 % | 21.2 % | 25.8 % |
ROI | 17.4 % | 10.4 % | 16.0 % | 21.3 % | 26.5 % |
Economic value added (EVA) | 190.90 | 90.86 | 118.09 | 177.38 | 233.15 |
Solvency | |||||
Equity ratio | 43.6 % | 47.8 % | 62.8 % | 63.1 % | 64.7 % |
Gearing | 71.0 % | 66.7 % | 3.7 % | 3.5 % | 3.7 % |
Relative net indebtedness % | 61.7 % | 29.0 % | 30.2 % | 24.5 % | 25.8 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 1.6 | 1.4 | 1.7 |
Current ratio | 0.7 | 1.0 | 1.7 | 1.5 | 1.8 |
Cash and cash equivalents | 3.74 | 483.50 | 12.65 | 19.96 | 31.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.7 | 54.9 | 65.8 | 65.1 | 68.8 |
Net working capital % | -18.5 % | -39.9 % | 16.0 % | 10.2 % | 14.8 % |
Credit risk | |||||
Credit rating | AAA | A | AAA | AAA | AAA |
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