ELITE GAMING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.09 | 64.00 | 50.04 | 68.31 | 65.02 |
Gross profit | 0.06 | 38.46 | 27.96 | 46.29 | 44.03 |
EBIT | 0.01 | -9.76 | -16.10 | 9.60 | 6.53 |
Net earnings | 0.01 | -8.05 | -12.41 | 7.67 | 6.47 |
Shareholders equity total | 0.21 | 190.93 | 178.51 | 171.18 | 170.37 |
Balance sheet total (assets) | 0.24 | 212.07 | 198.64 | 199.22 | 199.60 |
Net debt | -0.04 | -37.98 | -42.44 | -55.22 | -70.00 |
Profitability | |||||
EBIT-% | 13.6 % | -15.2 % | -32.2 % | 14.1 % | 10.0 % |
ROA | 0.0 % | -9.2 % | -7.8 % | 4.9 % | 4.2 % |
ROE | 0.0 % | -8.4 % | -6.7 % | 4.4 % | 3.8 % |
ROI | 0.0 % | -9.8 % | -8.4 % | 5.3 % | 4.6 % |
Economic value added (EVA) | -8.49 | -7.91 | -19.91 | 0.87 | -0.57 |
Solvency | |||||
Equity ratio | 84.1 % | 87.3 % | 89.9 % | 85.9 % | 85.4 % |
Gearing | 2.8 % | 0.3 % | 0.2 % | 1.4 % | 0.2 % |
Relative net indebtedness % | -8.5 % | -27.2 % | -57.1 % | -56.8 % | -81.7 % |
Liquidity | |||||
Quick ratio | 2.2 | 3.6 | 3.6 | 3.7 | 4.9 |
Current ratio | 2.3 | 3.6 | 3.6 | 3.7 | 4.9 |
Cash and cash equivalents | 0.04 | 38.57 | 42.78 | 57.66 | 70.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.7 | 10.1 | 18.4 | 42.5 | 34.3 |
Net working capital % | 41.0 % | 54.2 % | 74.2 % | 74.4 % | 103.0 % |
Credit risk | |||||
Credit rating | BBB | A | A | AAA | AAA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.