KIM ELGAARD FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 31416116
Marselis Boulevard 38, 8000 Aarhus C
kimelgaard@outlook.dk
tel: 20287990

Company information

Official name
KIM ELGAARD FINANS ApS
Established
2008
Company form
Private limited company
Industry

About KIM ELGAARD FINANS ApS

KIM ELGAARD FINANS ApS (CVR number: 31416116) is a company from AARHUS. The company recorded a gross profit of -21.1 kDKK in 2024. The operating profit was -21.1 kDKK, while net earnings were 1278.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIM ELGAARD FINANS 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-16.34-17.46-21.81-23.86-21.10
EBIT-16.34-17.46-21.81-23.86-21.10
Net earnings276.62894.30-2 088.15690.551 278.26
Shareholders equity total27 882.8324 777.1320 688.9817 979.5316 457.79
Balance sheet total (assets)27 923.5025 402.9421 959.1617 988.5316 666.58
Net debt- 185.21426.611 104.25- 313.87110.33
Profitability
EBIT-%
ROA1.0 %3.5 %3.1 %3.5 %7.4 %
ROE0.9 %3.4 %-9.2 %3.6 %7.4 %
ROI1.0 %3.5 %3.1 %3.5 %7.4 %
Economic value added (EVA)-1 534.19-1 347.07-1 194.17- 990.26- 840.94
Solvency
Equity ratio99.9 %97.5 %94.2 %99.9 %98.7 %
Gearing2.5 %6.1 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio42.21.70.8330.43.8
Current ratio42.21.70.8330.43.8
Cash and cash equivalents185.21182.00156.93313.8789.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:7.38%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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