Elform ApS — Credit Rating and Financial Key Figures

CVR number: 36959924
Klokkestøbervej 33, 8800 Viborg

Credit rating

Company information

Official name
Elform ApS
Personnel
11 persons
Established
2015
Company form
Private limited company
Industry

About Elform ApS

Elform ApS (CVR number: 36959924) is a company from VIBORG. The company recorded a gross profit of 5192.3 kDKK in 2023. The operating profit was 119.6 kDKK, while net earnings were 51.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. Elform ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 963.432 207.153 482.003 199.005 192.31
EBIT383.44640.18668.5091.00119.62
Net earnings301.13498.78514.0660.0051.52
Shareholders equity total451.96825.74939.80600.00651.46
Balance sheet total (assets)1 138.112 285.561 808.541 287.002 387.79
Net debt- 463.56- 613.73- 376.49-30.00431.66
Profitability
EBIT-%
ROA40.0 %37.6 %32.9 %5.9 %6.7 %
ROE92.3 %78.1 %58.2 %7.8 %8.2 %
ROI111.5 %95.8 %74.2 %11.5 %13.9 %
Economic value added (EVA)295.37499.12506.3535.9353.31
Solvency
Equity ratio39.7 %36.1 %52.0 %46.6 %27.3 %
Gearing66.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.91.40.8
Current ratio1.51.62.11.71.1
Cash and cash equivalents463.56613.73376.4930.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:6.71%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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