Elanco Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elanco Denmark ApS
Elanco Denmark ApS (CVR number: 39640163) is a company from BALLERUP. The company reported a net sales of 736.5 mDKK in 2023, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 38.4 mDKK), while net earnings were 28 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. Elanco Denmark ApS's liquidity measured by quick ratio was 3.8 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 | 400.77 | 464.64 | 552.06 | 682.25 | 736.55 |
Gross profit | 80.48 | 97.14 | 104.39 | 110.55 | 114.87 |
EBIT | 12.33 | 24.72 | 22.20 | 35.18 | 38.42 |
Net earnings | 7.71 | 12.54 | 13.95 | 25.02 | 28.00 |
Shareholders equity total | 379.80 | 422.82 | 436.82 | 461.09 | 488.88 |
Balance sheet total (assets) | 478.30 | 476.15 | 517.68 | 608.28 | 623.12 |
Net debt | 19.87 | 106.32 | 27.39 | ||
Profitability | |||||
EBIT-% | 3.1 % | 5.3 % | 4.0 % | 5.2 % | 5.2 % |
ROA | 2.9 % | 5.2 % | 5.8 % | 7.9 % | 7.7 % |
ROE | 2.0 % | 3.1 % | 3.2 % | 5.6 % | 5.9 % |
ROI | 2.9 % | 5.2 % | 6.0 % | 8.4 % | 8.0 % |
Economic value added (EVA) | 12.34 | 5.64 | -4.04 | 5.79 | 6.61 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 84.4 % | 75.8 % | 78.5 % |
Gearing | 6.9 % | 23.6 % | 20.3 % | ||
Relative net indebtedness % | 10.9 % | 19.4 % | 6.4 % | ||
Liquidity | |||||
Quick ratio | 3.7 | 2.8 | 3.8 | ||
Current ratio | 3.9 | 3.0 | 3.8 | ||
Cash and cash equivalents | 10.38 | 2.54 | 71.78 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.4 | 84.0 | 68.1 | ||
Net working capital % | 36.8 % | 38.7 % | 44.7 % | ||
Credit risk | |||||
Credit rating | BBB | A | AAA | AAA | AAA |
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