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ELFVING ApS — Credit Rating and Financial Key Figures

CVR number: 28155913
Vandet Mosevej 5, Vandet 8840 Rødkærsbro
info@middleware.dk
tel: 29913684
Free credit report Annual report

Credit rating

Company information

Official name
ELFVING ApS
Personnel
1 person
Established
2004
Domicile
Vandet
Company form
Private limited company
Industry

About ELFVING ApS

ELFVING ApS (CVR number: 28155913) is a company from SILKEBORG. The company recorded a gross profit of 0 kDKK in 2025. The operating profit was 0 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELFVING ApS's liquidity measured by quick ratio was 4.3 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
2021
2022
2023
2024
2025
Volume
Net sales87.77
Gross profit42.14-24.55
EBIT42.14-24.55
Net earnings32.31-26.73-0.33-0.20
Shareholders equity total62.1123.279.666.659.46
Balance sheet total (assets)114.1323.279.669.4812.29
Net debt-30.17-15.29-4.98-6.65-4.00
Profitability
EBIT-%48.0 %
ROA29.0 %-35.7 %
ROE43.3 %-62.6 %-2.0 %-2.5 %
ROI37.0 %-40.6 %
Economic value added (EVA)26.32-29.46-1.17-0.49-0.48
Solvency
Equity ratio54.4 %100.0 %100.0 %70.1 %77.0 %
Gearing57.2 %42.6 %30.0 %
Relative net indebtedness %-15.6 %
Liquidity
Quick ratio2.23.34.3
Current ratio2.23.34.3
Cash and cash equivalents65.7315.294.989.486.84
Capital use efficiency
Trade debtors turnover (days)201.3
Net working capital %70.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
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