ELEMCO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELEMCO ApS
ELEMCO ApS (CVR number: 30354311) is a company from FURESØ. The company recorded a gross profit of -49.5 kDKK in 2023. The operating profit was -49.5 kDKK, while net earnings were 1230.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. ELEMCO ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -56.66 | -39.42 | -53.07 | -41.54 | -49.52 |
EBIT | -56.66 | -39.42 | -53.07 | -41.54 | -49.52 |
Net earnings | - 830.32 | 5 139.09 | 1 605.53 | 970.16 | 1 230.33 |
Shareholders equity total | 11 190.30 | 16 329.38 | 15 934.91 | 14 905.07 | 16 135.40 |
Balance sheet total (assets) | 15 032.18 | 19 965.66 | 20 827.32 | 21 798.06 | 23 596.86 |
Net debt | -1 678.37 | -3 779.21 | 3 933.05 | 4 020.62 | 6 477.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 30.1 % | 9.6 % | 5.6 % | 11.0 % |
ROE | -6.6 % | 37.3 % | 10.0 % | 6.3 % | 7.9 % |
ROI | -5.0 % | 29.9 % | 9.7 % | 5.7 % | 11.2 % |
Economic value added (EVA) | - 815.18 | - 791.45 | -1 046.69 | -1 070.43 | -1 111.47 |
Solvency | |||||
Equity ratio | 74.4 % | 81.8 % | 76.5 % | 68.4 % | 68.4 % |
Gearing | 33.7 % | 22.1 % | 29.0 % | 43.5 % | 43.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.4 | 0.9 | 0.7 | 0.6 |
Current ratio | 1.5 | 2.4 | 0.9 | 0.7 | 0.6 |
Cash and cash equivalents | 5 453.89 | 7 390.48 | 683.15 | 2 457.19 | 560.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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