CARL ELGAARD SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 35395830
Mindet 4 B, 8000 Aarhus C
ceship@ceship.dk
tel: 86121644

Credit rating

Company information

Official name
CARL ELGAARD SHIPPING ApS
Personnel
5 persons
Established
2013
Company form
Private limited company
Industry

About CARL ELGAARD SHIPPING ApS

CARL ELGAARD SHIPPING ApS (CVR number: 35395830) is a company from AARHUS. The company recorded a gross profit of 9107.9 kDKK in 2024. The operating profit was 5559.3 kDKK, while net earnings were 4343.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.4 %, which can be considered excellent and Return on Equity (ROE) was 111.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. CARL ELGAARD SHIPPING ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 215.303 426.024 869.266 089.849 107.86
EBIT1 516.251 665.083 061.771 880.135 559.35
Net earnings1 038.671 318.152 402.301 591.114 343.71
Shareholders equity total1 507.721 425.872 528.171 719.286 063.00
Balance sheet total (assets)2 805.793 766.634 831.257 901.0311 913.69
Net debt-1 845.24-1 879.73-3 190.74- 145.77-6 689.02
Profitability
EBIT-%
ROA56.4 %56.5 %75.7 %34.5 %58.4 %
ROE105.1 %89.9 %121.5 %74.9 %111.6 %
ROI117.5 %95.0 %98.8 %52.5 %106.9 %
Economic value added (EVA)1 187.071 318.592 429.101 493.194 362.41
Solvency
Equity ratio53.7 %38.1 %83.0 %21.8 %57.2 %
Gearing9.3 %30.7 %123.2 %15.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.815.40.92.5
Current ratio2.51.715.40.91.9
Cash and cash equivalents1 985.472 317.013 190.742 263.817 619.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:58.4%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member

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