AB-ELCO A/S — Credit Rating and Financial Key Figures

CVR number: 34695806
Dyssegårdsvej 23, Balstrup 4100 Ringsted
info@ab-elco.dk
tel: 57610111

Credit rating

Company information

Official name
AB-ELCO A/S
Personnel
127 persons
Established
2012
Domicile
Balstrup
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About AB-ELCO A/S

AB-ELCO A/S (CVR number: 34695806) is a company from RINGSTED. The company recorded a gross profit of 75.4 mDKK in 2024. The operating profit was 7366.4 kDKK, while net earnings were 5535.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. AB-ELCO A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit45 000.7550 167.6754 832.1763 025.8775 413.62
EBIT4 655.834 629.515 328.746 067.477 366.39
Net earnings3 631.383 593.204 085.914 639.525 535.12
Shareholders equity total8 288.668 881.869 967.7811 107.3012 542.41
Balance sheet total (assets)24 344.2926 991.1927 896.5829 870.9642 542.90
Net debt-2 973.931 306.71-1 133.86175.353 240.15
Profitability
EBIT-%
ROA20.6 %18.2 %19.5 %21.1 %20.4 %
ROE47.6 %41.9 %43.4 %44.0 %46.8 %
ROI44.1 %35.9 %38.5 %46.6 %49.6 %
Economic value added (EVA)3 271.043 332.713 671.974 265.435 165.48
Solvency
Equity ratio34.9 %33.5 %37.7 %38.5 %30.6 %
Gearing14.7 %1.6 %25.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.92.22.01.7
Current ratio1.91.81.91.81.6
Cash and cash equivalents2 973.931 133.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.4%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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