ELITE GAMING A/S — Credit Rating and Financial Key Figures

CVR number: 20155892
Grydhøjparken 5, True 8381 Tilst
forhandlerservice@elitegaming.dk
tel: 70264711

Credit rating

Company information

Official name
ELITE GAMING A/S
Personnel
34 persons
Established
1997
Domicile
True
Company form
Limited company
Industry
  • Expand more icon92Gambling and betting activities

About ELITE GAMING A/S

ELITE GAMING A/S (CVR number: 20155892) is a company from AARHUS. The company reported a net sales of 65 mDKK in 2023, demonstrating a decline of -4.8 % compared to the previous year. The operating profit percentage was at 10 % (EBIT: 6.5 mDKK), while net earnings were 6474.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELITE GAMING A/S's liquidity measured by quick ratio was 4.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales0.0964.0050.0468.3165.02
Gross profit0.0638.4627.9646.2944.03
EBIT0.01-9.76-16.109.606.53
Net earnings0.01-8.05-12.417.676.47
Shareholders equity total0.21190.93178.51171.18170.37
Balance sheet total (assets)0.24212.07198.64199.22199.60
Net debt-0.04-37.98-42.44-55.22-70.00
Profitability
EBIT-%13.6 %-15.2 %-32.2 %14.1 %10.0 %
ROA0.0 %-9.2 %-7.8 %4.9 %4.2 %
ROE0.0 %-8.4 %-6.7 %4.4 %3.8 %
ROI0.0 %-9.8 %-8.4 %5.3 %4.6 %
Economic value added (EVA)-8.49-7.91-19.910.87-0.57
Solvency
Equity ratio84.1 %87.3 %89.9 %85.9 %85.4 %
Gearing2.8 %0.3 %0.2 %1.4 %0.2 %
Relative net indebtedness %-8.5 %-27.2 %-57.1 %-56.8 %-81.7 %
Liquidity
Quick ratio2.23.63.63.74.9
Current ratio2.33.63.63.74.9
Cash and cash equivalents0.0438.5742.7857.6670.26
Capital use efficiency
Trade debtors turnover (days)46.710.118.442.534.3
Net working capital %41.0 %54.2 %74.2 %74.4 %103.0 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:4.19%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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