ELAURSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELAURSEN ApS
ELAURSEN ApS (CVR number: 32308929) is a company from SKANDERBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -16.5 % compared to the previous year. The operating profit percentage was at 58 % (EBIT: 0.1 mDKK), while net earnings were 74.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72 %, 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. ELAURSEN ApS's liquidity measured by quick ratio was 1.9 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 | 114.63 | 159.58 | 153.49 | 153.49 | 128.16 |
Gross profit | 44.67 | 54.58 | 77.41 | 77.41 | 74.30 |
EBIT | 44.67 | 54.58 | 77.41 | 77.41 | 74.30 |
Net earnings | 44.67 | 54.58 | 77.41 | 77.41 | 74.30 |
Shareholders equity total | 511.40 | 565.98 | 675.23 | 675.23 | 819.72 |
Balance sheet total (assets) | 883.73 | 1 076.55 | 1 110.83 | 1 110.83 | 1 137.95 |
Net debt | -51.01 | 114.42 | 5.17 | 5.17 | - 139.32 |
Profitability | |||||
EBIT-% | 39.0 % | 34.2 % | 50.4 % | 50.4 % | 58.0 % |
ROA | 5.1 % | 5.6 % | 7.1 % | 7.0 % | 6.6 % |
ROE | 9.2 % | 10.1 % | 12.5 % | 11.5 % | 9.9 % |
ROI | 7.2 % | 6.4 % | 7.2 % | 7.1 % | 6.7 % |
Economic value added (EVA) | 23.07 | 31.44 | 61.22 | 58.40 | 55.29 |
Solvency | |||||
Equity ratio | 57.9 % | 52.6 % | 60.8 % | 60.8 % | 72.0 % |
Gearing | 63.3 % | 44.7 % | 44.7 % | 28.1 % | |
Relative net indebtedness % | 147.4 % | 71.7 % | 3.4 % | 3.4 % | -108.7 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.4 | 1.4 | 1.9 |
Current ratio | 0.8 | 1.1 | 1.4 | 1.4 | 1.9 |
Cash and cash equivalents | 51.01 | 243.82 | 296.83 | 296.83 | 369.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -31.6 % | 11.5 % | 70.9 % | 70.9 % | 161.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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