ELECTROLUX HOME PRODUCTS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 55624712
Strevelinsvej 38-40, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
ELECTROLUX HOME PRODUCTS DENMARK A/S
Personnel
108 persons
Established
1960
Domicile
Erritsø
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales727.00738.00756.00548.90472.00
Gross profit727.00738.00104.0097.4695.94
EBIT9.0036.0010.007.888.07
Net earnings7.0034.007.006.057.17
Shareholders equity total26.0052.0027.0026.0527.17
Balance sheet total (assets)157.00159.00139.00104.98103.48
Net debt28.5421.84
Profitability
EBIT-%1.2 %4.9 %1.3 %1.4 %1.7 %
ROA6.0 %22.8 %6.7 %6.8 %8.9 %
ROE24.1 %87.2 %17.7 %22.8 %26.9 %
ROI6.0 %22.8 %6.7 %7.9 %13.5 %
Economic value added (EVA)7.3934.697.394.665.30
Solvency
Equity ratio100.0 %100.0 %100.0 %24.8 %26.3 %
Gearing109.6 %80.4 %
Relative net indebtedness %11.6 %13.3 %
Liquidity
Quick ratio1.51.5
Current ratio1.51.5
Cash and cash equivalents0.00
Capital use efficiency
Trade debtors turnover (days)18.059.2
Net working capital %6.1 %6.6 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.85%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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