Elgaard Invest Randers ApS — Credit Rating and Financial Key Figures

CVR number: 64301411
Rådhusstræde 4 E, 8900 Randers C
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Company information

Official name
Elgaard Invest Randers ApS
Personnel
1 person
Established
1981
Company form
Private limited company
Industry

About Elgaard Invest Randers ApS

Elgaard Invest Randers ApS (CVR number: 64301411) is a company from RANDERS. The company recorded a gross profit of 1240.3 kDKK in 2024. The operating profit was 760.4 kDKK, while net earnings were 252.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. Elgaard Invest Randers ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 753.413 044.67837.881 039.951 240.31
EBIT830.82791.21377.65559.03760.38
Net earnings505.23482.32103.79150.05252.92
Shareholders equity total11 050.7611 333.0910 436.8810 086.939 639.85
Balance sheet total (assets)17 687.6017 801.1016 139.9316 501.5515 974.16
Net debt3 493.352 367.193 056.194 166.564 660.87
Profitability
EBIT-%
ROA4.6 %4.5 %2.2 %3.4 %4.7 %
ROE4.7 %4.3 %1.0 %1.5 %2.6 %
ROI4.9 %4.7 %2.3 %3.6 %5.0 %
Economic value added (EVA)- 194.29- 229.78- 568.63- 356.17- 232.57
Solvency
Equity ratio62.5 %63.7 %64.7 %61.1 %60.3 %
Gearing47.1 %42.1 %41.9 %44.2 %48.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.72.60.60.4
Current ratio2.92.72.60.60.4
Cash and cash equivalents1 710.782 407.321 313.40290.0113.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.69%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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