EL-Solel ApS — Credit Rating and Financial Key Figures

CVR number: 27082130
Porschevej 14, 7100 Vejle
bent@el-tech.dk
tel: 76428072

Credit rating

Company information

Official name
EL-Solel ApS
Personnel
9 persons
Established
2003
Company form
Private limited company
Industry

About EL-Solel ApS

EL-Solel ApS (CVR number: 27082130) is a company from VEJLE. The company recorded a gross profit of 5252 kDKK in 2023. The operating profit was 164.9 kDKK, while net earnings were 96.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EL-Solel ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 716.755 612.966 341.445 366.775 252.02
EBIT409.071 402.89429.66- 665.23164.94
Net earnings313.771 125.83339.63- 578.7996.34
Shareholders equity total1 790.072 615.891 855.53776.74873.08
Balance sheet total (assets)3 505.075 903.726 283.173 648.293 235.30
Net debt130.30189.01350.141 291.47610.46
Profitability
EBIT-%
ROA9.9 %31.1 %8.2 %-13.3 %5.2 %
ROE14.7 %51.1 %15.2 %-44.0 %11.7 %
ROI16.8 %54.6 %17.8 %-29.8 %9.8 %
Economic value added (EVA)289.871 003.66198.35- 613.4788.00
Solvency
Equity ratio51.1 %44.7 %29.5 %21.3 %27.0 %
Gearing7.4 %7.4 %23.0 %166.3 %69.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.01.31.01.2
Current ratio2.02.01.41.21.4
Cash and cash equivalents2.484.1076.790.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.21%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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