ELVEST A/S — Credit Rating and Financial Key Figures

CVR number: 31189039
Måbjerg Skolevej 23, 7500 Holstebro
jc@elvest.dk

Company information

Official name
ELVEST A/S
Personnel
19 persons
Established
2008
Company form
Limited company
Industry

About ELVEST A/S

ELVEST A/S (CVR number: 31189039) is a company from HOLSTEBRO. The company recorded a gross profit of 10.2 mDKK in 2024. The operating profit was 3111 kDKK, while net earnings were 2309 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. ELVEST A/S's liquidity measured by quick ratio was 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 438.5610 714.229 522.619 647.7210 194.94
EBIT2 376.293 575.131 848.812 680.483 110.95
Net earnings1 843.332 766.051 373.601 597.832 309.01
Shareholders equity total7 070.528 336.578 210.169 808.008 117.01
Balance sheet total (assets)11 446.7812 034.0611 758.4115 420.6013 829.76
Net debt-2 166.32- 844.861 042.21732.221 136.13
Profitability
EBIT-%
ROA24.3 %30.5 %15.5 %17.9 %21.1 %
ROE29.0 %35.9 %16.6 %17.7 %25.8 %
ROI36.5 %45.4 %20.7 %24.3 %30.6 %
Economic value added (EVA)1 634.282 544.541 083.821 657.421 934.85
Solvency
Equity ratio61.8 %69.3 %69.8 %63.6 %58.7 %
Gearing0.8 %0.5 %14.5 %8.5 %17.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.31.51.0
Current ratio2.22.62.72.52.3
Cash and cash equivalents2 222.32884.86144.46103.13287.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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