Elvstrøm CNC ApS — Credit Rating and Financial Key Figures

CVR number: 41475072
Tofthøj Møllevej 44, Tofthøj 7321 Gadbjerg
mail@elvstroemcnc.dk
www.elvstroemcnc.dk

Credit rating

Company information

Official name
Elvstrøm CNC ApS
Personnel
1 person
Established
2020
Domicile
Tofthøj
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Elvstrøm CNC ApS

Elvstrøm CNC ApS (CVR number: 41475072) is a company from VEJLE. The company recorded a gross profit of 76 kDKK in 2023. The operating profit was -12.7 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. Elvstrøm CNC ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit1 730.981 818.54803.7976.04
EBIT671.54732.39290.19-12.74
Net earnings475.04522.04200.88-20.76
Shareholders equity total1 973.962 021.001 699.871 420.21
Balance sheet total (assets)4 438.613 991.072 634.352 181.86
Net debt518.01347.08-1 755.16-1 041.99
Profitability
EBIT-%
ROA15.1 %17.4 %8.8 %-0.5 %
ROE24.1 %26.1 %10.8 %-1.3 %
ROI16.1 %18.6 %10.2 %-0.6 %
Economic value added (EVA)522.85477.94141.530.81
Solvency
Equity ratio44.5 %50.6 %64.5 %65.1 %
Gearing31.9 %33.5 %9.4 %41.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.52.42.5
Current ratio0.60.72.52.5
Cash and cash equivalents110.71329.521 914.421 629.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBB

Variable visualization

ROA:-0.52%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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