ELVANG DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 31582016
Stationspladsen 2 A, 4180 Sorø
info@elvangdenmark.dk
tel: 35378989
www.elvangdenmark.dk
Free credit report Annual report

Credit rating

Company information

Official name
ELVANG DENMARK A/S
Personnel
2 persons
Established
2008
Company form
Limited company
Industry

About ELVANG DENMARK A/S

ELVANG DENMARK A/S (CVR number: 31582016) is a company from SORØ. The company recorded a gross profit of 1554.5 kDKK in 2024. The operating profit was -8.7 kDKK, while net earnings were -411.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. ELVANG DENMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 352.795 504.784 178.112 054.871 554.49
EBIT677.621 362.872 069.62484.56-8.66
Net earnings380.641 060.821 531.1451.27- 411.35
Shareholders equity total3 147.634 208.455 739.595 790.865 379.51
Balance sheet total (assets)7 614.7812 351.6712 589.4012 750.9910 505.33
Net debt945.753 749.604 094.374 248.812 379.24
Profitability
EBIT-%
ROA7.4 %15.9 %21.1 %7.4 %-1.9 %
ROE10.3 %28.8 %30.8 %0.9 %-7.4 %
ROI10.1 %21.6 %27.9 %8.9 %-2.1 %
Economic value added (EVA)104.45745.991 161.83- 182.24- 554.82
Solvency
Equity ratio41.3 %34.1 %45.8 %45.7 %51.2 %
Gearing96.2 %103.2 %78.7 %88.4 %78.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.60.40.50.9
Current ratio1.71.51.81.82.0
Cash and cash equivalents2 083.83591.70422.90868.301 866.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-1.89%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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