ELKA RAINWEAR A/S — Credit Rating and Financial Key Figures

CVR number: 10138698
Dueoddevej 3, 7400 Herning
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Company information

Official name
ELKA RAINWEAR A/S
Personnel
30 persons
Established
1986
Company form
Limited company
Industry

About ELKA RAINWEAR A/S

ELKA RAINWEAR A/S (CVR number: 10138698) is a company from HERNING. The company recorded a gross profit of 37.7 mDKK in 2024. The operating profit was 18.9 mDKK, while net earnings were 15.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELKA RAINWEAR A/S's liquidity measured by quick ratio was 2.9 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 profit31 754.8235 803.5937 308.4535 504.7037 676.54
EBIT17 515.6220 175.4720 200.7018 033.3618 894.39
Net earnings14 593.3916 669.5216 454.9014 166.2615 337.90
Shareholders equity total64 183.7371 985.6987 282.9591 603.3286 682.94
Balance sheet total (assets)74 247.1784 063.12101 594.81103 385.5998 192.71
Net debt-11 299.65-1 156.481 518.19-22 348.94-16 665.66
Profitability
EBIT-%
ROA26.0 %26.7 %22.8 %17.8 %19.5 %
ROE23.6 %24.5 %20.7 %15.8 %17.2 %
ROI29.8 %30.8 %25.9 %20.0 %21.9 %
Economic value added (EVA)10 529.6312 478.5512 106.269 493.6110 061.77
Solvency
Equity ratio86.7 %85.8 %85.9 %88.7 %88.4 %
Gearing0.5 %0.5 %4.0 %0.2 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.51.13.32.9
Current ratio6.86.46.68.38.0
Cash and cash equivalents11 632.391 516.791 994.6922 537.4917 066.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.4%
Rating: 68/100
-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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