Arne Elkjær A/S — Credit Rating and Financial Key Figures

CVR number: 10277833
Bredskifte Allé 7, Hasle 8210 Aarhus V
tel: 86164755

Credit rating

Company information

Official name
Arne Elkjær A/S
Personnel
41 persons
Established
1986
Domicile
Hasle
Company form
Limited company
Industry

About Arne Elkjær A/S

Arne Elkjær A/S (CVR number: 10277833) is a company from AARHUS. The company recorded a gross profit of 25 mDKK in 2023. The operating profit was 1385.5 kDKK, while net earnings were 1027.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. Arne Elkjær A/S's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit19 922.1523 048.1725 245.4223 556.1224 992.31
EBIT-7 800.91- 808.04312.60-9 960.861 385.46
Net earnings-6 241.81- 736.80241.94-8 016.111 027.63
Shareholders equity total-2 504.36-1 741.17-1 499.22-1 445.332 082.30
Balance sheet total (assets)12 670.2115 376.7116 066.9416 235.3016 674.74
Net debt3 782.052 734.342 813.883 637.262 526.91
Profitability
EBIT-%
ROA-49.8 %-4.9 %2.7 %-56.1 %8.5 %
ROE-76.1 %-5.3 %1.5 %-49.6 %11.2 %
ROI-111.4 %-12.8 %8.3 %-208.6 %33.3 %
Economic value added (EVA)-6 245.49- 514.83334.38-7 697.591 140.60
Solvency
Equity ratio-16.5 %-10.2 %-8.5 %-8.2 %24.2 %
Gearing-151.1 %-168.7 %-189.1 %-252.4 %138.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.11.21.6
Current ratio1.01.01.11.21.5
Cash and cash equivalents1.19202.4020.8410.15360.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.47%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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