ELMODAN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELMODAN A/S
ELMODAN A/S (CVR number: 31578523) is a company from ISHØJ. The company recorded a gross profit of 7333.9 kDKK in 2024. The operating profit was -1149.9 kDKK, while net earnings were -971.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. ELMODAN A/S's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 541.36 | 6 308.70 | 3 931.29 | 4 252.13 | 7 333.85 |
EBIT | 1 843.87 | 2 239.66 | 349.06 | 942.70 | -1 149.89 |
Net earnings | 1 431.86 | 1 749.78 | 249.70 | 718.35 | - 971.60 |
Shareholders equity total | 6 514.68 | 8 264.46 | 8 514.16 | 9 232.51 | 8 260.92 |
Balance sheet total (assets) | 11 147.64 | 14 179.49 | 15 264.58 | 14 527.39 | 12 969.05 |
Net debt | -3 179.74 | -1 049.81 | -7.85 | 1 145.12 | 570.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | 17.8 % | 2.4 % | 6.3 % | -8.3 % |
ROE | 24.7 % | 23.7 % | 3.0 % | 8.1 % | -11.1 % |
ROI | 30.2 % | 28.5 % | 4.1 % | 9.6 % | -11.2 % |
Economic value added (EVA) | 1 181.51 | 1 400.41 | - 185.92 | 291.43 | -1 505.86 |
Solvency | |||||
Equity ratio | 58.4 % | 58.3 % | 55.8 % | 63.6 % | 63.7 % |
Gearing | 5.8 % | 5.1 % | 3.7 % | 16.7 % | 16.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.4 | 1.2 | 1.3 |
Current ratio | 2.3 | 2.3 | 2.2 | 2.5 | 2.4 |
Cash and cash equivalents | 3 556.88 | 1 470.16 | 324.54 | 397.14 | 823.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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