ELMEBECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELMEBECH ApS
ELMEBECH ApS (CVR number: 10356695) is a company from KØBENHAVN. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0 mDKK), while net earnings were 41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELMEBECH ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 531.37 | 1 458.16 | 906.55 | 653.98 | 677.24 |
Gross profit | 900.99 | 801.04 | 583.06 | 362.21 | 303.05 |
EBIT | 2.13 | 191.29 | 112.08 | 268.32 | 38.10 |
Net earnings | - 117.11 | 24.16 | 2.56 | 217.83 | 41.70 |
Shareholders equity total | 992.72 | 1 016.88 | 1 019.44 | 1 237.27 | 1 278.97 |
Balance sheet total (assets) | 1 929.67 | 1 987.86 | 1 854.49 | 1 706.91 | 1 631.39 |
Net debt | 100.68 | - 218.74 | - 230.48 | -9.66 | 63.68 |
Profitability | |||||
EBIT-% | 0.1 % | 13.1 % | 12.4 % | 41.0 % | 5.6 % |
ROA | -4.3 % | 3.9 % | 2.4 % | 16.4 % | 3.6 % |
ROE | -11.1 % | 2.4 % | 0.3 % | 19.3 % | 3.3 % |
ROI | -6.9 % | 6.5 % | 4.1 % | 22.1 % | 4.0 % |
Economic value added (EVA) | 60.39 | 206.99 | 133.48 | 252.08 | 58.90 |
Solvency | |||||
Equity ratio | 51.4 % | 51.2 % | 55.0 % | 72.5 % | 78.4 % |
Gearing | 20.9 % | 11.6 % | 15.5 % | 17.6 % | 15.3 % |
Relative net indebtedness % | 54.2 % | 43.5 % | 49.3 % | 37.0 % | 32.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.2 | 1.8 | 2.1 |
Current ratio | 0.9 | 1.0 | 1.2 | 1.8 | 2.1 |
Cash and cash equivalents | 106.62 | 336.69 | 388.42 | 227.56 | 131.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.0 | 93.1 | 138.2 | 270.2 | 253.5 |
Net working capital % | -6.8 % | 2.4 % | 18.5 % | 55.7 % | 56.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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