EL-TEX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EL-TEX A/S
EL-TEX A/S (CVR number: 16196606) is a company from IKAST-BRANDE. The company recorded a gross profit of -100.1 kDKK in 2022. The operating profit was -100.1 kDKK, while net earnings were -1290.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EL-TEX A/S's liquidity measured by quick ratio was 180.3 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -83.02 | -83.22 | -95.72 | -95.04 | - 100.07 |
EBIT | -83.02 | -83.22 | -95.72 | -95.04 | - 100.07 |
Net earnings | - 435.66 | 920.42 | 1 140.78 | 1 496.48 | -1 290.94 |
Shareholders equity total | 8 486.39 | 9 352.81 | 10 438.60 | 10 910.08 | 9 561.93 |
Balance sheet total (assets) | 8 891.77 | 10 054.26 | 10 603.84 | 11 434.43 | 9 614.13 |
Net debt | -8 171.10 | -9 306.06 | -10 367.19 | -10 740.35 | -9 259.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 12.7 % | 14.7 % | 17.5 % | 4.7 % |
ROE | -5.0 % | 10.3 % | 11.5 % | 14.0 % | -12.6 % |
ROI | 1.5 % | 12.9 % | 14.9 % | 17.8 % | 4.7 % |
Economic value added (EVA) | -76.28 | -67.06 | -49.66 | -76.03 | -92.68 |
Solvency | |||||
Equity ratio | 95.4 % | 93.0 % | 98.4 % | 95.4 % | 99.5 % |
Gearing | 3.2 % | 5.8 % | 0.3 % | 2.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.4 | 14.0 | 62.9 | 21.4 | 180.3 |
Current ratio | 21.4 | 14.0 | 62.9 | 21.4 | 180.3 |
Cash and cash equivalents | 8 443.92 | 9 850.33 | 10 399.92 | 11 057.10 | 9 259.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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