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 63.8 mDKK in 2024, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 9 % (EBIT: 5.8 mDKK), while net earnings were 6450.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, 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 84.9 %, 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 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 64.00 | 50.04 | 68.31 | 65.02 | 63.84 |
Gross profit | 38.46 | 27.96 | 46.29 | 44.27 | 43.70 |
EBIT | -9.76 | -16.10 | 9.60 | 6.53 | 5.77 |
Net earnings | -8.05 | -12.41 | 7.67 | 6.47 | 6.45 |
Shareholders equity total | 190.93 | 178.51 | 171.18 | 170.37 | 170.67 |
Balance sheet total (assets) | 212.07 | 198.64 | 199.22 | 199.60 | 200.97 |
Net debt | -37.98 | -42.44 | -55.22 | -70.00 | -85.34 |
Profitability | |||||
EBIT-% | -15.2 % | -32.2 % | 14.1 % | 10.0 % | 9.0 % |
ROA | -9.2 % | -7.8 % | 4.9 % | 4.2 % | 4.1 % |
ROE | -8.4 % | -6.7 % | 4.4 % | 3.8 % | 3.8 % |
ROI | -9.8 % | -8.4 % | 5.3 % | 4.6 % | 4.5 % |
Economic value added (EVA) | -7.91 | -19.91 | 0.87 | -0.57 | -0.50 |
Solvency | |||||
Equity ratio | 87.3 % | 89.9 % | 85.9 % | 85.4 % | 84.9 % |
Gearing | 0.3 % | 0.2 % | 1.4 % | 0.2 % | 0.5 % |
Relative net indebtedness % | -27.2 % | -57.1 % | -56.8 % | -81.7 % | -108.6 % |
Liquidity | |||||
Quick ratio | 3.6 | 3.6 | 3.7 | 4.9 | 6.0 |
Current ratio | 3.6 | 3.6 | 3.7 | 4.9 | 6.0 |
Cash and cash equivalents | 38.57 | 42.78 | 57.66 | 70.26 | 86.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.1 | 18.4 | 42.5 | 34.3 | 50.3 |
Net working capital % | 54.2 % | 74.2 % | 74.4 % | 103.0 % | 133.1 % |
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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