ELKEM NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 57989513
Bygstubben 13, Trørød 2950 Vedbæk

Credit rating

Company information

Official name
ELKEM NORDIC A/S
Personnel
7 persons
Established
1976
Domicile
Trørød
Company form
Limited company
Industry

About ELKEM NORDIC A/S

ELKEM NORDIC A/S (CVR number: 57989513) is a company from RUDERSDAL. The company recorded a gross profit of 8138.6 kDKK in 2024. The operating profit was 3797.1 kDKK, while net earnings were 3317.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELKEM NORDIC A/S's liquidity measured by quick ratio was 4.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 559.548 417.3413 207.919 504.548 138.57
EBIT2 958.034 326.959 144.805 414.933 797.13
Net earnings2 202.553 311.407 017.884 515.083 317.61
Shareholders equity total8 300.0710 511.4714 529.3617 044.4418 362.05
Balance sheet total (assets)13 971.7915 715.1622 535.5421 887.5522 230.63
Net debt4 517.322 867.536 450.823 379.822 731.89
Profitability
EBIT-%
ROA23.0 %30.2 %50.2 %29.3 %21.4 %
ROE28.6 %35.2 %56.1 %28.6 %18.7 %
ROI25.0 %34.1 %55.9 %31.4 %22.7 %
Economic value added (EVA)1 755.592 726.816 395.133 166.191 932.95
Solvency
Equity ratio59.4 %66.8 %64.4 %77.8 %82.6 %
Gearing54.5 %27.3 %44.4 %19.8 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.11.93.44.6
Current ratio2.43.02.84.55.7
Cash and cash equivalents2.292.382.382.012.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:21.4%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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