ELLAB PROPERTIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 062.30 | 3 176.56 | 3 225.67 | 3 408.12 | 4 372.87 |
Gross profit | 3 017.69 | 3 131.70 | 3 085.52 | 3 292.35 | 4 287.97 |
EBIT | 1 812.20 | 1 906.79 | 1 860.61 | 2 067.43 | 2 786.12 |
Net earnings | 1 214.80 | 1 300.31 | 1 264.87 | 1 422.69 | 2 061.89 |
Shareholders equity total | 25 363.48 | 26 663.79 | 27 928.66 | 29 351.35 | 80 413.24 |
Balance sheet total (assets) | 54 424.31 | 54 284.05 | 56 230.82 | 82 321.23 | 106 026.08 |
Net debt | 23 941.38 | 23 716.22 | 24 150.80 | 48 643.41 | 17 289.19 |
Profitability | |||||
EBIT-% | 59.2 % | 60.0 % | 57.7 % | 60.7 % | 63.7 % |
ROA | 3.3 % | 3.5 % | 3.4 % | 3.0 % | 3.1 % |
ROE | 4.9 % | 5.0 % | 4.6 % | 5.0 % | 3.8 % |
ROI | 3.5 % | 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 ratio | 46.6 % | 49.1 % | 49.7 % | 35.7 % | 75.8 % |
Gearing | 102.2 % | 91.1 % | 88.3 % | 166.6 % | 24.4 % |
Relative net indebtedness % | 849.1 % | 806.1 % | 808.3 % | 1484.8 % | 466.4 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.2 | 0.1 | 0.5 |
Current ratio | 0.5 | 0.6 | 0.2 | 0.1 | 0.5 |
Cash and cash equivalents | 1 983.52 | 572.87 | 508.75 | 241.96 | 2 299.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -55.9 % | -44.9 % | -142.3 % | -806.7 % | -54.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AAA |
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