Elvstrøm CNC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 730.98 | 1 818.54 | 803.79 | 76.04 |
EBIT | 671.54 | 732.39 | 290.19 | -12.74 |
Net earnings | 475.04 | 522.04 | 200.88 | -20.76 |
Shareholders equity total | 1 973.96 | 2 021.00 | 1 699.87 | 1 420.21 |
Balance sheet total (assets) | 4 438.61 | 3 991.07 | 2 634.35 | 2 181.86 |
Net debt | 518.01 | 347.08 | -1 755.16 | -1 041.99 |
Profitability | ||||
EBIT-% | ||||
ROA | 15.1 % | 17.4 % | 8.8 % | -0.5 % |
ROE | 24.1 % | 26.1 % | 10.8 % | -1.3 % |
ROI | 16.1 % | 18.6 % | 10.2 % | -0.6 % |
Economic value added (EVA) | 522.85 | 477.94 | 141.53 | 0.81 |
Solvency | ||||
Equity ratio | 44.5 % | 50.6 % | 64.5 % | 65.1 % |
Gearing | 31.9 % | 33.5 % | 9.4 % | 41.4 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.5 | 0.5 | 2.4 | 2.5 |
Current ratio | 0.6 | 0.7 | 2.5 | 2.5 |
Cash and cash equivalents | 110.71 | 329.52 | 1 914.42 | 1 629.26 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | BBB | BBB |
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