HANDELS- OG INVESTERINGSSELSKABET ELK. SKAGEN ApS — Credit Rating and Financial Key Figures

CVR number: 10778891
Bågøvej 59, 9990 Skagen

Company information

Official name
HANDELS- OG INVESTERINGSSELSKABET ELK. SKAGEN ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry

About HANDELS- OG INVESTERINGSSELSKABET ELK. SKAGEN ApS

HANDELS- OG INVESTERINGSSELSKABET ELK. SKAGEN ApS (CVR number: 10778891) is a company from FREDERIKSHAVN. The company recorded a gross profit of -15.1 kDKK in 2023. The operating profit was -215 kDKK, while net earnings were -195.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDELS- OG INVESTERINGSSELSKABET ELK. SKAGEN ApS's liquidity measured by quick ratio was 95.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.51-9.72-17.02-15.07-15.13
EBIT- 192.25- 209.29- 216.84- 214.61- 215.03
Net earnings- 141.13442.72- 230.67- 218.48- 195.09
Shareholders equity total2 745.333 188.051 957.381 624.501 329.41
Balance sheet total (assets)2 758.053 205.861 970.321 638.601 343.49
Net debt-2 037.41-3 200.58-1 970.32-1 638.60-1 343.49
Profitability
EBIT-%
ROA-4.5 %15.1 %-8.4 %-11.9 %-13.1 %
ROE-4.6 %14.9 %-9.0 %-12.2 %-13.2 %
ROI-4.5 %15.1 %-8.4 %-12.0 %-13.2 %
Economic value added (EVA)- 362.41- 347.24- 377.04- 312.96- 296.67
Solvency
Equity ratio99.5 %99.4 %99.3 %99.1 %99.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio163.3180.1152.3116.295.4
Current ratio163.3180.1152.3116.295.4
Cash and cash equivalents2 037.413 200.581 970.321 638.601 343.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-13.1%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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