ELEVEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELEVEN ApS
ELEVEN ApS (CVR number: 35037543) is a company from KØBENHAVN. The company recorded a gross profit of -39.5 kDKK in 2020. The operating profit was -39.5 kDKK, while net earnings were -30.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. ELEVEN ApS's liquidity measured by quick ratio was 1.4 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 164.48 | 5 317.57 | 3 766.32 | -65.78 | -39.50 |
EBIT | 130.14 | 146.02 | -30.59 | -65.78 | -39.50 |
Net earnings | 69.01 | 92.25 | -45.02 | -86.14 | -30.22 |
Shareholders equity total | 299.02 | 391.27 | 346.25 | 260.11 | 229.89 |
Balance sheet total (assets) | 633.96 | 1 096.83 | 999.61 | 827.02 | 786.86 |
Net debt | - 177.17 | 338.14 | 354.80 | 159.13 | 94.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.5 % | 16.9 % | -2.9 % | -7.2 % | -4.3 % |
ROE | 23.1 % | 26.7 % | -12.2 % | -28.4 % | -12.3 % |
ROI | 43.5 % | 27.4 % | -4.1 % | -9.7 % | -5.6 % |
Economic value added (EVA) | 80.73 | 101.16 | -46.05 | -68.60 | -33.59 |
Solvency | |||||
Equity ratio | 47.2 % | 35.7 % | 34.6 % | 31.5 % | 29.2 % |
Gearing | 95.0 % | 107.3 % | 144.7 % | 161.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.4 | 1.4 | 1.5 | 1.4 |
Current ratio | 1.9 | 1.4 | 1.4 | 1.5 | 1.4 |
Cash and cash equivalents | 177.17 | 33.51 | 16.85 | 217.22 | 277.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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