S 281 ELIN APS — Credit Rating and Financial Key Figures

CVR number: 39681765
Vestervangsvej 4, Horne 9850 Hirtshals

Company information

Official name
S 281 ELIN APS
Personnel
8 persons
Established
2018
Domicile
Horne
Company form
Private limited company
Industry

About S 281 ELIN APS

S 281 ELIN APS (CVR number: 39681765) is a company from HJØRRING. The company recorded a gross profit of 14.9 mDKK in 2023. The operating profit was 4762.3 kDKK, while net earnings were 3230.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. S 281 ELIN 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 profit2 325.202 618.897 085.898 802.6414 904.93
EBIT-3 406.24- 128.91-1 127.19- 393.804 762.27
Net earnings737.83- 752.921 268.32-6 772.373 230.70
Shareholders equity total48 721.8947 913.6749 126.6942 297.8345 528.52
Balance sheet total (assets)110 869.04133 773.12187 759.07187 331.18190 105.67
Net debt-30 853.20-3 522.0445 116.1957 013.8056 766.96
Profitability
EBIT-%
ROA2.1 %0.4 %2.9 %0.0 %5.3 %
ROE1.5 %-1.6 %2.6 %-14.8 %7.4 %
ROI3.2 %0.6 %3.8 %0.0 %6.8 %
Economic value added (EVA)-2 886.16161.11- 792.72-4 903.01-1 103.34
Solvency
Equity ratio43.9 %35.8 %26.2 %22.6 %23.9 %
Gearing47.4 %96.1 %197.9 %246.2 %227.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.61.31.21.2
Current ratio0.90.61.31.21.2
Cash and cash equivalents53 925.0949 547.7652 098.8247 109.6346 827.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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