Give Elementer A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Give Elementer A/S
Give Elementer A/S (CVR number: 43515225K) is a company from VEJLE. The company reported a net sales of 415.3 mDKK in 2023, demonstrating a decline of -11.6 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 16.9 mDKK), while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Give Elementer A/S's liquidity measured by quick ratio was 1.3 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 469 659.19 | 415 315.65 |
Gross profit | 87 953.94 | 56 098.39 |
EBIT | 43 049.92 | 16 919.34 |
Net earnings | 32 780.60 | 13 009.86 |
Shareholders equity total | 258 018.39 | 271 028.26 |
Balance sheet total (assets) | 370 269.76 | 367 508.18 |
Net debt | -27 389.93 | -48 326.33 |
Profitability | ||
EBIT-% | 9.2 % | 4.1 % |
ROA | 11.7 % | 4.8 % |
ROE | 12.7 % | 4.9 % |
ROI | 16.0 % | 6.4 % |
Economic value added (EVA) | 32 527.72 | 794.10 |
Solvency | ||
Equity ratio | 69.7 % | 73.8 % |
Gearing | ||
Relative net indebtedness % | 15.2 % | 8.3 % |
Liquidity | ||
Quick ratio | 1.1 | 1.3 |
Current ratio | 1.5 | 1.7 |
Cash and cash equivalents | 27 389.93 | 48 326.33 |
Capital use efficiency | ||
Trade debtors turnover (days) | 51.7 | 44.9 |
Net working capital % | 9.8 % | 12.6 % |
Credit risk | ||
Credit rating | AAA | AAA |
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