ELEKTRUS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELEKTRUS A/S
ELEKTRUS A/S (CVR number: 32654215) is a company from HELSINGØR. The company reported a net sales of 36.9 mDKK in 2023, demonstrating a growth of 10.3 % compared to the previous year. The operating profit percentage was at 29.3 % (EBIT: 10.8 mDKK), while net earnings were 8197 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. ELEKTRUS A/S'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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26.63 | 27.14 | 25.25 | 33.41 | 36.85 |
Gross profit | 26.63 | 27.14 | 25.25 | 19.51 | 18.74 |
EBIT | 5.29 | 7.86 | 6.80 | 11.90 | 10.79 |
Net earnings | 7.98 | 3.57 | 4.24 | 9.25 | 8.20 |
Shareholders equity total | 140.67 | 47.54 | 49.66 | 58.91 | 62.48 |
Balance sheet total (assets) | 197.82 | 209.89 | |||
Net debt | 62.33 | 60.71 | |||
Profitability | |||||
EBIT-% | 19.8 % | 29.0 % | 26.9 % | 35.6 % | 29.3 % |
ROA | 6.1 % | 5.7 % | |||
ROE | 2.9 % | 1.9 % | 4.4 % | 8.5 % | 13.5 % |
ROI | 8.0 % | 7.5 % | |||
Economic value added (EVA) | -1.48 | 0.79 | 4.41 | 7.41 | 2.66 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.8 % | 29.8 % |
Gearing | 144.2 % | 143.1 % | |||
Relative net indebtedness % | 330.3 % | 309.9 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.9 | |||
Current ratio | 1.7 | 1.9 | |||
Cash and cash equivalents | 22.60 | 28.68 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.8 | 118.3 | |||
Net working capital % | 44.7 % | 59.3 % | |||
Credit risk | |||||
Credit rating | B | B | B | AAA | AA |
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