ELTRACO ApS — Credit Rating and Financial Key Figures

CVR number: 27509908
Højager 4, Næsby 5270 Odense N
Mikael.Thomsen@eltraco.com
tel: 45651030

Credit rating

Company information

Official name
ELTRACO ApS
Personnel
4 persons
Established
2004
Domicile
Næsby
Company form
Private limited company
Industry

About ELTRACO ApS

ELTRACO ApS (CVR number: 27509908) is a company from ODENSE. The company recorded a gross profit of 4897.2 kDKK in 2023. The operating profit was 1116.8 kDKK, while net earnings were 759.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ELTRACO ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 706.675 833.413 487.935 158.674 897.19
EBIT2 961.041 993.85388.531 520.571 116.76
Net earnings2 343.781 584.25357.201 136.53759.78
Shareholders equity total7 839.995 748.984 506.175 342.705 002.48
Balance sheet total (assets)19 732.238 160.277 806.3711 543.1125 327.88
Net debt-7 184.20-3 670.30-3 822.17-5 434.52-9 636.90
Profitability
EBIT-%
ROA16.6 %15.3 %6.5 %17.4 %7.0 %
ROE33.6 %23.3 %7.0 %23.1 %14.7 %
ROI43.9 %27.7 %9.4 %30.9 %20.4 %
Economic value added (EVA)1 900.611 080.01-1.07934.45570.55
Solvency
Equity ratio39.7 %70.5 %57.7 %46.3 %19.8 %
Gearing19.5 %3.2 %9.8 %10.3 %29.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.81.81.30.7
Current ratio1.53.02.01.71.2
Cash and cash equivalents8 710.863 851.784 264.785 982.9611 088.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:6.98%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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