J. ELK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31185335
Ballerup Byvej 314 A, 2750 Ballerup

Company information

Official name
J. ELK HOLDING A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About J. ELK HOLDING A/S

J. ELK HOLDING A/S (CVR number: 31185335) is a company from BALLERUP. The company recorded a gross profit of -12.5 kDKK in 2023. The operating profit was -691.9 kDKK, while net earnings were 633 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. ELK HOLDING A/S's liquidity measured by quick ratio was 237.5 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 profit140.19179.15131.4615.39-12.51
EBIT- 743.62- 732.99- 844.80- 716.53- 691.94
Net earnings661.83- 454.33204.36-3 008.46633.00
Shareholders equity total12 816.1512 251.8212 256.1821 580.3321 851.31
Balance sheet total (assets)13 649.9813 070.1613 406.1421 873.5921 942.64
Net debt-11 905.54-10 749.63-10 419.40-18 214.64-18 909.83
Profitability
EBIT-%
ROA6.8 %-1.2 %3.9 %2.9 %3.7 %
ROE5.2 %-3.6 %1.7 %-17.8 %2.9 %
ROI7.0 %-1.3 %4.0 %3.0 %3.7 %
Economic value added (EVA)- 595.47- 548.88- 657.50- 620.85- 713.57
Solvency
Equity ratio93.9 %93.7 %91.4 %98.7 %99.6 %
Gearing2.2 %2.3 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio16.315.911.273.4237.5
Current ratio16.315.911.273.4237.5
Cash and cash equivalents12 182.6311 036.4610 934.6318 214.6418 909.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBAA

Variable visualization

ROA:3.71%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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