ELECTROLUX HOME PRODUCTS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELECTROLUX HOME PRODUCTS DENMARK A/S
ELECTROLUX HOME PRODUCTS DENMARK A/S (CVR number: 55624712) is a company from FREDERICIA. The company reported a net sales of 472 mDKK in 2023, demonstrating a decline of -14 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 8.1 mDKK), while net earnings were 7167 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. ELECTROLUX HOME PRODUCTS DENMARK A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 727.00 | 738.00 | 756.00 | 548.90 | 472.00 |
Gross profit | 727.00 | 738.00 | 104.00 | 97.46 | 95.94 |
EBIT | 9.00 | 36.00 | 10.00 | 7.88 | 8.07 |
Net earnings | 7.00 | 34.00 | 7.00 | 6.05 | 7.17 |
Shareholders equity total | 26.00 | 52.00 | 27.00 | 26.05 | 27.17 |
Balance sheet total (assets) | 157.00 | 159.00 | 139.00 | 104.98 | 103.48 |
Net debt | 28.54 | 21.84 | |||
Profitability | |||||
EBIT-% | 1.2 % | 4.9 % | 1.3 % | 1.4 % | 1.7 % |
ROA | 6.0 % | 22.8 % | 6.7 % | 6.8 % | 8.9 % |
ROE | 24.1 % | 87.2 % | 17.7 % | 22.8 % | 26.9 % |
ROI | 6.0 % | 22.8 % | 6.7 % | 7.9 % | 13.5 % |
Economic value added (EVA) | 7.39 | 34.69 | 7.39 | 4.66 | 5.30 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 24.8 % | 26.3 % |
Gearing | 109.6 % | 80.4 % | |||
Relative net indebtedness % | 11.6 % | 13.3 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | |||
Current ratio | 1.5 | 1.5 | |||
Cash and cash equivalents | 0.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.0 | 59.2 | |||
Net working capital % | 6.1 % | 6.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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