EKELUND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EKELUND HOLDING A/S
EKELUND HOLDING A/S (CVR number: 15108282) is a company from FAVRSKOV. The company recorded a gross profit of 3008.5 kDKK in 2024. The operating profit was -1194.2 kDKK, while net earnings were -620.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EKELUND HOLDING A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 284.46 | 2 684.20 | 3 027.74 | 2 847.18 | 3 008.53 |
EBIT | 1 552.55 | 1 471.26 | 2 753.01 | 2 658.79 | -1 194.17 |
Net earnings | 24.48 | 4 781.77 | 2 032.48 | 2 371.38 | - 620.60 |
Shareholders equity total | 30 752.65 | 35 746.92 | 38 289.73 | 40 643.20 | 39 959.56 |
Balance sheet total (assets) | 66 680.45 | 68 701.42 | 70 810.14 | 72 575.56 | 70 948.22 |
Net debt | 20 131.19 | 15 454.49 | 22 605.47 | 20 761.74 | 19 031.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 10.1 % | 8.2 % | 5.8 % | 0.8 % |
ROE | 0.1 % | 14.4 % | 5.5 % | 6.0 % | -1.5 % |
ROI | 2.9 % | 10.7 % | 8.6 % | 6.0 % | 0.8 % |
Economic value added (EVA) | -8.70 | - 196.17 | 805.22 | 782.02 | -2 249.59 |
Solvency | |||||
Equity ratio | 46.1 % | 52.0 % | 54.1 % | 56.0 % | 56.3 % |
Gearing | 100.2 % | 74.4 % | 73.4 % | 66.4 % | 66.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.9 | 2.0 | 1.9 | 1.9 |
Current ratio | 2.1 | 2.9 | 2.0 | 1.9 | 1.9 |
Cash and cash equivalents | 10 671.10 | 11 149.82 | 5 496.34 | 6 219.42 | 7 433.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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