Elthermo Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40472185
Brøndby Nord Vej 241, 2605 Brøndby

Credit rating

Company information

Official name
Elthermo Holding ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Elthermo Holding ApS

Elthermo Holding ApS (CVR number: 40472185) is a company from BRØNDBY. The company recorded a gross profit of -68.5 kDKK in 2024. The operating profit was -68.5 kDKK, while net earnings were 1061.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Elthermo Holding ApS's liquidity measured by quick ratio was 187.8 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 profit-52.24-66.54-67.14-51.18-68.46
EBIT-52.24-66.54- 128.15-51.18-68.46
Net earnings471.991 616.51-1 180.761 035.801 061.62
Shareholders equity total15 922.7417 426.2415 958.4915 994.2916 933.91
Balance sheet total (assets)16 047.2717 594.9215 983.2816 014.3117 024.54
Net debt-15 880.85-17 592.44-15 603.54-15 891.67-17 008.40
Profitability
EBIT-%
ROA5.5 %12.5 %2.4 %8.3 %8.3 %
ROE4.2 %9.7 %-7.1 %6.5 %6.4 %
ROI5.5 %12.6 %2.4 %8.3 %8.3 %
Economic value added (EVA)-43.86-53.33-91.59-57.71-58.54
Solvency
Equity ratio99.2 %99.0 %99.8 %99.9 %99.5 %
Gearing0.0 %0.0 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio128.9104.3644.8799.9187.8
Current ratio128.9104.3644.8799.9187.8
Cash and cash equivalents15 883.8917 594.9215 604.2915 891.6717 024.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.25%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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