Eltech Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 64106910
Hassellunden 14, Lille Smørum 2765 Smørum

Company information

Official name
Eltech Solutions A/S
Personnel
25 persons
Established
1976
Domicile
Lille Smørum
Company form
Limited company
Industry

About Eltech Solutions A/S

Eltech Solutions A/S (CVR number: 64106910) is a company from EGEDAL. The company recorded a gross profit of 34.6 mDKK in 2023. The operating profit was 13.3 mDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Eltech Solutions A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 907.5317 486.6132 469.8538 014.7334 607.33
EBIT3 630.655 705.0315 236.1718 275.5113 277.95
Net earnings2 836.053 993.4111 481.1313 382.7510 601.08
Shareholders equity total12 192.1822 803.1720 984.3031 367.0525 446.58
Balance sheet total (assets)35 524.0238 853.5482 443.62100 461.96106 803.16
Net debt15 032.844 546.9126 451.6343 265.9063 753.88
Profitability
EBIT-%
ROA11.5 %15.8 %25.5 %20.0 %12.8 %
ROE18.7 %22.8 %52.4 %51.1 %37.3 %
ROI16.4 %21.6 %34.5 %25.6 %15.7 %
Economic value added (EVA)1 871.243 778.1110 425.7413 305.2210 612.48
Solvency
Equity ratio34.3 %58.7 %25.5 %31.2 %23.8 %
Gearing123.3 %19.9 %166.1 %137.9 %250.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.30.60.80.8
Current ratio1.42.31.01.21.1
Cash and cash equivalents8 395.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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