ELTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELTING ApS
ELTING ApS (CVR number: 33772297) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 301.8 kDKK in 2024. The operating profit was 0.8 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELTING ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 127.79 | 134.11 | 204.42 | 158.66 | 301.79 |
EBIT | 2.21 | -5.47 | 54.61 | -3.81 | 0.78 |
Net earnings | 1.59 | -4.75 | 47.88 | -4.08 | -3.87 |
Shareholders equity total | 66.44 | 61.69 | 88.14 | 69.06 | 65.19 |
Balance sheet total (assets) | 137.86 | 114.85 | 161.81 | 135.53 | 137.59 |
Net debt | - 125.70 | -85.71 | - 139.30 | -77.02 | - 103.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | -4.3 % | 39.5 % | -2.6 % | 0.6 % |
ROE | 2.4 % | -7.4 % | 63.9 % | -5.2 % | -5.8 % |
ROI | 3.4 % | -8.5 % | 72.9 % | -4.8 % | 1.2 % |
Economic value added (EVA) | -1.05 | -7.61 | 45.28 | -8.24 | -2.69 |
Solvency | |||||
Equity ratio | 48.2 % | 53.7 % | 54.5 % | 51.0 % | 47.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.2 | 2.2 | 2.0 | 1.9 |
Current ratio | 1.9 | 2.2 | 2.2 | 2.0 | 1.9 |
Cash and cash equivalents | 125.70 | 85.71 | 139.30 | 77.02 | 103.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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