EL-TEKNIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EL-TEKNIK A/S
EL-TEKNIK A/S (CVR number: 18939894) is a company from RØDOVRE. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was at 28.1 % (EBIT: 0.8 mDKK), while net earnings were 648 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 32.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EL-TEKNIK A/S's liquidity measured by quick ratio was 6.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 867.59 | 3 157.94 | 2 600.45 | 2 908.29 | 2 927.33 |
Gross profit | 1 032.19 | 605.15 | 1 091.07 | 1 198.52 | 1 132.25 |
EBIT | 608.43 | 92.58 | 617.77 | 748.71 | 821.53 |
Net earnings | 475.74 | 58.27 | 467.96 | 579.09 | 648.01 |
Shareholders equity total | 1 633.22 | 791.49 | 1 259.46 | 1 724.15 | 2 254.36 |
Balance sheet total (assets) | 2 990.58 | 2 067.58 | 2 033.25 | 2 617.58 | 2 825.88 |
Net debt | -1 883.28 | -1 016.76 | -1 212.80 | -1 851.83 | -1 567.80 |
Profitability | |||||
EBIT-% | 15.7 % | 2.9 % | 23.8 % | 25.7 % | 28.1 % |
ROA | 22.4 % | 3.7 % | 30.2 % | 32.2 % | 30.8 % |
ROE | 30.6 % | 4.8 % | 45.6 % | 38.8 % | 32.6 % |
ROI | 40.0 % | 7.7 % | 60.3 % | 50.2 % | 42.2 % |
Economic value added (EVA) | 477.17 | 80.88 | 489.14 | 578.80 | 641.45 |
Solvency | |||||
Equity ratio | 54.6 % | 38.4 % | 62.1 % | 66.1 % | 81.0 % |
Gearing | |||||
Relative net indebtedness % | -13.6 % | 8.2 % | -16.9 % | -33.0 % | -34.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.3 | 2.5 | 3.0 | 6.6 |
Current ratio | 2.1 | 1.4 | 2.7 | 3.2 | 6.3 |
Cash and cash equivalents | 1 883.28 | 1 016.76 | 1 212.80 | 1 851.83 | 1 567.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.4 | 61.0 | 55.5 | 40.2 | 85.9 |
Net working capital % | 36.6 % | 17.3 % | 44.3 % | 58.3 % | 77.8 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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