ELLAB PROPERTIES A/S — Credit Rating and Financial Key Figures

CVR number: 30824709
Kystvej 29, 3050 Humlebæk
pk@ellab.com
tel: 20611091

Credit rating

Company information

Official name
ELLAB PROPERTIES A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About ELLAB PROPERTIES A/S

ELLAB PROPERTIES A/S (CVR number: 30824709) is a company from FREDENSBORG. The company reported a net sales of 4.4 mDKK in 2023, demonstrating a growth of 28.3 % compared to the previous year. The operating profit percentage was at 63.7 % (EBIT: 2.8 mDKK), while net earnings were 2061.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELLAB PROPERTIES A/S'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 062.303 176.563 225.673 408.124 372.87
Gross profit3 017.693 131.703 085.523 292.354 287.97
EBIT1 812.201 906.791 860.612 067.432 786.12
Net earnings1 214.801 300.311 264.871 422.692 061.89
Shareholders equity total25 363.4826 663.7927 928.6629 351.3580 413.24
Balance sheet total (assets)54 424.3154 284.0556 230.8282 321.23106 026.08
Net debt23 941.3823 716.2224 150.8048 643.4117 289.19
Profitability
EBIT-%59.2 %60.0 %57.7 %60.7 %63.7 %
ROA3.3 %3.5 %3.4 %3.0 %3.1 %
ROE4.9 %5.0 %4.6 %5.0 %3.8 %
ROI3.5 %3.6 %3.5 %3.1 %3.1 %
Economic value added (EVA)-1 062.45- 908.06- 998.15- 824.98- 273.04
Solvency
Equity ratio46.6 %49.1 %49.7 %35.7 %75.8 %
Gearing102.2 %91.1 %88.3 %166.6 %24.4 %
Relative net indebtedness %849.1 %806.1 %808.3 %1484.8 %466.4 %
Liquidity
Quick ratio0.50.60.20.10.5
Current ratio0.50.60.20.10.5
Cash and cash equivalents1 983.52572.87508.75241.962 299.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-55.9 %-44.9 %-142.3 %-806.7 %-54.3 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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