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ELCO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELCO ApS
ELCO ApS (CVR number: 25075781) is a company from SORØ. The company recorded a gross profit of 1483.4 kDKK in 2025. The operating profit was -766.4 kDKK, while net earnings were -898.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.2 %, which can be considered poor and Return on Equity (ROE) was -84 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ELCO ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 084.44 | 5 798.07 | 4 689.43 | 1 669.04 | 1 483.37 |
| EBIT | 223.01 | 267.74 | 909.86 | -1 596.09 | - 766.36 |
| Net earnings | 130.78 | 184.31 | 705.59 | -1 544.60 | - 898.26 |
| Shareholders equity total | 1 604.73 | 1 789.04 | 2 494.62 | 150.02 | - 548.24 |
| Balance sheet total (assets) | 5 021.06 | 3 669.48 | 4 548.53 | 3 092.64 | 1 988.64 |
| Net debt | 872.50 | 123.22 | - 499.33 | 733.41 | 392.90 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.8 % | 6.6 % | 22.8 % | -40.7 % | -27.2 % |
| ROE | 8.5 % | 10.9 % | 32.9 % | -116.8 % | -84.0 % |
| ROI | 8.7 % | 11.4 % | 34.7 % | -78.0 % | -120.1 % |
| Economic value added (EVA) | 44.90 | 80.70 | 604.97 | -1 656.77 | - 810.75 |
| Solvency | |||||
| Equity ratio | 32.0 % | 48.8 % | 54.8 % | 4.9 % | -21.6 % |
| Gearing | 54.6 % | 13.8 % | 10.2 % | 488.9 % | -71.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.8 | 2.6 | 1.1 | 1.5 |
| Current ratio | 1.4 | 1.9 | 2.7 | 1.3 | 2.0 |
| Cash and cash equivalents | 3.50 | 122.85 | 753.31 | 0.34 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | B | C |
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