EL-LET ApS — Credit Rating and Financial Key Figures

CVR number: 17915274
Mellemvej 7, 6430 Nordborg
el-let@el-let.dk
tel: 74490075

Company information

Official name
EL-LET ApS
Personnel
5 persons
Established
1994
Company form
Private limited company
Industry

About EL-LET ApS

EL-LET ApS (CVR number: 17915274) is a company from SØNDERBORG. The company recorded a gross profit of 1505.4 kDKK in 2023. The operating profit was 324.9 kDKK, while net earnings were 199.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66 %, 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. EL-LET ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 770.171 549.922 082.301 533.791 505.42
EBIT480.41396.09861.29238.96324.95
Net earnings338.18372.01478.25- 199.27199.73
Shareholders equity total1 779.371 851.371 979.621 330.351 530.09
Balance sheet total (assets)2 651.762 560.693 341.852 822.822 317.65
Net debt- 902.17- 950.92- 775.07190.06- 294.15
Profitability
EBIT-%
ROA18.9 %20.0 %29.2 %7.8 %12.6 %
ROE18.7 %20.5 %25.0 %-12.0 %14.0 %
ROI26.5 %28.0 %38.5 %10.0 %16.1 %
Economic value added (EVA)305.38263.99636.92201.05287.04
Solvency
Equity ratio67.1 %72.3 %59.2 %47.1 %66.0 %
Gearing4.7 %27.9 %69.2 %17.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.50.91.2
Current ratio2.32.71.91.42.1
Cash and cash equivalents902.171 038.131 328.12730.53556.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:12.6%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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