El-Tech Aalborg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About El-Tech Aalborg ApS
El-Tech Aalborg ApS (CVR number: 41579145) is a company from AALBORG. The company recorded a gross profit of -26.6 kDKK in 2023. The operating profit was -171.7 kDKK, while net earnings were -173.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.2 %, which can be considered poor and Return on Equity (ROE) was -119.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. El-Tech Aalborg ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 282.11 | 179.74 | -26.64 |
EBIT | 225.26 | 23.59 | - 171.67 |
Net earnings | 171.64 | 20.26 | - 173.37 |
Shareholders equity total | 211.64 | 231.90 | 58.53 |
Balance sheet total (assets) | 419.63 | 485.42 | 239.51 |
Net debt | - 285.39 | -3.46 | -13.69 |
Profitability | |||
EBIT-% | |||
ROA | 53.7 % | 5.2 % | -47.2 % |
ROE | 81.1 % | 9.1 % | -119.4 % |
ROI | 106.4 % | 9.3 % | -80.9 % |
Economic value added (EVA) | 172.88 | 26.67 | - 179.82 |
Solvency | |||
Equity ratio | 50.4 % | 47.8 % | 24.4 % |
Gearing | 28.5 % | 113.3 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.0 | 1.6 | 1.3 |
Current ratio | 2.0 | 1.6 | 1.3 |
Cash and cash equivalents | 285.39 | 69.61 | 79.99 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BBB | B |
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