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 -31.4 kDKK in 2024. The operating profit was -444.1 kDKK, while net earnings were -339.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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 2.7 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 730.98 | 1 818.54 | 803.79 | 76.04 | -31.39 |
EBIT | 671.54 | 732.39 | 290.19 | -12.74 | - 444.08 |
Net earnings | 475.04 | 522.04 | 200.88 | -20.76 | - 339.21 |
Shareholders equity total | 1 973.96 | 2 021.00 | 1 699.87 | 1 420.21 | 1 081.01 |
Balance sheet total (assets) | 4 438.61 | 3 991.07 | 2 634.35 | 2 181.86 | 1 665.78 |
Net debt | 518.01 | 347.08 | -1 755.16 | -1 041.99 | - 971.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | 17.4 % | 8.8 % | -0.5 % | -22.6 % |
ROE | 24.1 % | 26.1 % | 10.8 % | -1.3 % | -27.1 % |
ROI | 16.1 % | 18.6 % | 10.2 % | -0.6 % | -22.9 % |
Economic value added (EVA) | 522.85 | 361.98 | 39.77 | - 110.47 | - 453.38 |
Solvency | |||||
Equity ratio | 44.5 % | 50.6 % | 64.5 % | 65.1 % | 64.9 % |
Gearing | 31.9 % | 33.5 % | 9.4 % | 41.4 % | 51.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 2.4 | 2.5 | 2.7 |
Current ratio | 0.6 | 0.7 | 2.5 | 2.5 | 2.7 |
Cash and cash equivalents | 110.71 | 329.52 | 1 914.42 | 1 629.26 | 1 525.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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