ELAND HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25732251
Ole Rømers Gade 43, 8000 Aarhus C
karsten@nonbo-eland.dk
tel: 28909600

Company information

Official name
ELAND HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About ELAND HOLDING ApS

ELAND HOLDING ApS (CVR number: 25732251) is a company from AARHUS. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 61.7 % compared to the previous year. The operating profit percentage was at 103.1 % (EBIT: 1 mDKK), while net earnings were 732 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent but Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELAND HOLDING ApS's liquidity measured by quick ratio was 45.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 381.002 573.001 014.00601.00971.60
Gross profit1 372.002 563.001 036.00630.001 020.57
EBIT1 372.002 563.001 030.00621.001 002.06
Net earnings1 541.002 608.001 406.00- 191.00731.99
Shareholders equity total3 409.006 017.006 811.006 506.007 119.82
Balance sheet total (assets)3 447.006 032.006 828.006 555.007 220.31
Net debt-1 924.00-1 455.00-1 173.00- 143.00- 798.06
Profitability
EBIT-%99.3 %99.6 %101.6 %103.3 %103.1 %
ROA52.7 %55.2 %21.9 %10.9 %16.2 %
ROE51.9 %55.3 %21.9 %-2.9 %10.7 %
ROI53.0 %55.5 %22.0 %11.0 %16.5 %
Economic value added (EVA)1 338.712 497.99943.21457.35701.67
Solvency
Equity ratio98.9 %99.8 %99.8 %99.3 %98.6 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %-136.6 %-56.0 %-114.1 %-15.8 %-71.9 %
Liquidity
Quick ratio76.1191.6276.567.145.5
Current ratio76.1191.6276.567.145.5
Cash and cash equivalents1 925.001 456.001 174.00144.00799.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %206.7 %111.1 %407.6 %538.9 %322.8 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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