ELTEL NETWORKS A/S — Credit Rating and Financial Key Figures

CVR number: 25501918
Hørkær 3, 2730 Herlev
tel: 88135013

Company information

Official name
ELTEL NETWORKS A/S
Personnel
469 persons
Established
2000
Company form
Limited company
Industry

About ELTEL NETWORKS A/S

ELTEL NETWORKS A/S (CVR number: 25501918) is a company from HERLEV. The company reported a net sales of 686.1 mDKK in 2024, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 25 mDKK), while net earnings were 20.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ELTEL NETWORKS A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales880.32653.73552.61693.25686.10
Gross profit408.54352.97293.52358.56347.65
EBIT33.2826.86-0.6631.7024.96
Net earnings22.4119.59-1.6825.6920.51
Shareholders equity total119.4289.0267.3478.0378.54
Balance sheet total (assets)556.27402.68323.37365.88331.92
Net debt15.9923.21
Profitability
EBIT-%3.8 %4.1 %-0.1 %4.6 %3.6 %
ROA7.1 %5.6 %-0.2 %10.2 %8.2 %
ROE20.7 %18.8 %-2.1 %35.3 %26.2 %
ROI9.8 %5.6 %-0.2 %16.4 %27.0 %
Economic value added (EVA)27.1320.86-5.1321.3214.11
Solvency
Equity ratio100.0 %100.0 %100.0 %24.8 %26.9 %
Gearing20.6 %29.6 %
Relative net indebtedness %40.0 %36.2 %
Liquidity
Quick ratio1.51.5
Current ratio1.31.3
Cash and cash equivalents0.110.04
Capital use efficiency
Trade debtors turnover (days)101.483.6
Net working capital %10.4 %10.4 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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