ELMEK ApS — Credit Rating and Financial Key Figures

CVR number: 35531130
Tyrsbjergvej 51, Villestofte 5210 Odense NV
info@flexgardin.dk
tel: 63980046

Credit rating

Company information

Official name
ELMEK ApS
Established
2013
Domicile
Villestofte
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About ELMEK ApS

ELMEK ApS (CVR number: 35531130) is a company from ODENSE. The company recorded a gross profit of 139.1 kDKK in 2023. The operating profit was 139.1 kDKK, while net earnings were 111.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 66 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. ELMEK ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit32.51-14.84-47.66125.92139.06
EBIT29.18-14.84-47.66125.92139.06
Net earnings16.59-17.28-43.2396.59111.31
Shareholders equity total77.0159.7416.51113.09224.41
Balance sheet total (assets)340.51349.73265.42401.18588.15
Net debt230.92164.67174.93-75.48- 128.23
Profitability
EBIT-%
ROA8.1 %-4.3 %-15.5 %37.8 %28.8 %
ROE24.1 %-25.3 %-113.4 %149.0 %66.0 %
ROI9.9 %-5.6 %-22.9 %48.5 %35.2 %
Economic value added (EVA)19.71-15.45-40.1897.39117.37
Solvency
Equity ratio22.6 %17.1 %6.2 %28.2 %38.2 %
Gearing299.8 %275.7 %1059.6 %189.9 %115.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.41.21.2
Current ratio1.31.21.11.41.6
Cash and cash equivalents290.23386.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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