Erik Ellitsgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39694360
Amagerbrogade 176, 2300 København S

Company information

Official name
Erik Ellitsgaard Holding ApS
Established
2018
Company form
Private limited company
Industry

About Erik Ellitsgaard Holding ApS

Erik Ellitsgaard Holding ApS (CVR number: 39694360) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -157.5 % compared to the previous year. The operating profit percentage was at 88.9 % (EBIT: 0.1 mDKK), while net earnings were 529.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Erik Ellitsgaard Holding ApS's liquidity measured by quick ratio was 7.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales359.06421.67459.60- 143.4182.48
Gross profit352.81414.42451.48- 151.5373.36
EBIT352.81414.42451.48- 151.5373.36
Net earnings355.65741.431 021.71- 798.15529.65
Shareholders equity total4 682.825 424.256 445.975 647.826 177.47
Balance sheet total (assets)4 805.615 655.827 598.106 336.276 945.97
Net debt78.17-3 951.90-4 685.37-4 376.36-5 079.01
Profitability
EBIT-%98.3 %98.3 %98.2 %88.9 %
ROA7.7 %15.9 %18.4 %4.5 %11.2 %
ROE7.8 %14.7 %17.2 %-13.2 %9.0 %
ROI7.8 %16.2 %18.6 %4.5 %11.2 %
Economic value added (EVA)343.57374.20391.60-79.5776.70
Solvency
Equity ratio97.4 %95.9 %84.8 %89.1 %88.9 %
Gearing1.7 %1.5 %17.8 %12.1 %12.3 %
Relative net indebtedness %34.0 %-901.0 %-1018.1 %3047.3 %-6149.1 %
Liquidity
Quick ratio1.718.35.37.87.7
Current ratio1.718.35.37.87.7
Cash and cash equivalents0.674 030.745 831.255 058.565 840.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23.3 %-5.6 %-184.2 %134.7 %-434.8 %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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