Elite Advertising ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elite Advertising ApS
Elite Advertising ApS (CVR number: 40914463) is a company from FREDERIKSBERG. The company recorded a gross profit of 2025.5 kDKK in 2023. The operating profit was -109.6 kDKK, while net earnings were -152.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elite Advertising ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 61.82 | 586.26 | 1 534.54 | 2 025.49 | |
EBIT | 2.23 | 18.60 | - 185.83 | - 109.60 | |
Net earnings | 0.65 | 16.03 | - 208.43 | - 152.39 | |
Shareholders equity total | 40.65 | 56.68 | - 151.75 | - 304.15 | |
Balance sheet total (assets) | 127.27 | 339.03 | 509.41 | 792.35 | |
Net debt | -23.65 | 99.34 | 365.35 | 389.84 | |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 8.0 % | -37.2 % | -12.3 % | |
ROE | 1.6 % | 32.9 % | -73.6 % | -23.4 % | |
ROI | 2.9 % | 15.3 % | -69.0 % | -27.9 % | |
Economic value added (EVA) | 2.23 | 19.15 | - 188.36 | - 100.25 | |
Solvency | |||||
Equity ratio | 31.9 % | 16.7 % | -23.0 % | -27.7 % | |
Gearing | 88.6 % | 186.4 % | -245.3 % | -132.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.4 | 0.4 | 0.5 | |
Current ratio | 1.0 | 0.4 | 0.4 | 0.5 | |
Cash and cash equivalents | 59.65 | 6.29 | 6.92 | 12.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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