ELCO ApS — Credit Rating and Financial Key Figures

CVR number: 25075781
Dambrovej 4, Døjringe 4180 Sorø
tva@elco.dk
tel: 57821570
elco.dk

Credit rating

Company information

Official name
ELCO ApS
Personnel
8 persons
Established
1999
Domicile
Døjringe
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About ELCO ApS

ELCO ApS (CVR number: 25075781) is a company from SORØ. The company recorded a gross profit of 4689.4 kDKK in 2023. The operating profit was 909.9 kDKK, while net earnings were 705.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.8 %, which can be considered excellent and Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. ELCO ApS's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 668.553 376.435 084.445 798.074 689.43
EBIT1 429.07- 804.05223.01267.74909.86
Net earnings1 119.39- 658.15130.78184.31705.59
Shareholders equity total2 932.101 473.951 604.731 789.042 494.62
Balance sheet total (assets)5 988.634 463.335 021.063 669.484 548.53
Net debt-1 775.19845.55872.50123.22- 499.33
Profitability
EBIT-%
ROA21.7 %-15.0 %4.8 %6.6 %22.8 %
ROE47.2 %-29.9 %8.5 %10.9 %32.9 %
ROI28.6 %-24.2 %8.7 %11.4 %34.9 %
Economic value added (EVA)1 028.46- 636.00105.21124.89623.51
Solvency
Equity ratio49.0 %33.0 %32.0 %48.8 %54.8 %
Gearing35.4 %69.4 %54.6 %13.8 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.21.31.82.6
Current ratio2.11.31.41.92.7
Cash and cash equivalents2 814.56177.303.50122.85753.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBBA

Variable visualization

ROA:22.8%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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