Elmelund Hjørring Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39272113
Park Alle 27, 9800 Hjørring

Company information

Official name
Elmelund Hjørring Holding ApS
Established
2018
Company form
Private limited company
Industry

About Elmelund Hjørring Holding ApS

Elmelund Hjørring Holding ApS (CVR number: 39272113) is a company from HJØRRING. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 47.1 % compared to the previous year. The operating profit percentage was at 93.5 % (EBIT: 0.5 mDKK), while net earnings were 454.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.9 %, which can be considered excellent and Return on Equity (ROE) was 127.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Elmelund Hjørring Holding ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales180.00340.00500.00
Gross profit253.07271.39665.21326.62467.51
EBIT142.80164.37458.34322.07467.51
Net earnings41.0161.02335.37- 157.98454.18
Shareholders equity total58.83119.85460.76188.37524.75
Balance sheet total (assets)3 156.973 221.65653.73955.511 126.27
Net debt2 993.413 004.014.82731.37588.77
Profitability
EBIT-%254.6 %94.7 %93.5 %
ROA4.4 %5.2 %26.2 %100.7 %51.9 %
ROE107.0 %68.3 %115.5 %-48.7 %127.4 %
ROI4.5 %5.3 %26.2 %-14.0 %48.2 %
Economic value added (EVA)23.4149.61347.72330.57481.51
Solvency
Equity ratio1.9 %3.7 %70.5 %19.7 %46.6 %
Gearing5088.5 %2506.5 %27.7 %388.3 %112.2 %
Relative net indebtedness %39.0 %225.6 %120.3 %
Liquidity
Quick ratio0.00.90.61.1
Current ratio0.00.90.61.1
Cash and cash equivalents122.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-11.8 %-81.9 %11.6 %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:51.9%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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