EL-TEX A/S — Credit Rating and Financial Key Figures

CVR number: 16196606
Rømersvej 12, 7430 Ikast
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Company information

Official name
EL-TEX A/S
Established
1992
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
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- 435.66920.421 140.781 496.48-1 290.94
Shareholders equity total8 486.399 352.8110 438.6010 910.089 561.93
Balance sheet total (assets)8 891.7710 054.2610 603.8411 434.439 614.13
Net debt-8 171.10-9 306.06-10 367.19-10 740.35-9 259.32
Profitability
EBIT-%
ROA1.4 %12.7 %14.7 %17.5 %4.7 %
ROE-5.0 %10.3 %11.5 %14.0 %-12.6 %
ROI1.5 %12.9 %14.9 %17.8 %4.7 %
Economic value added (EVA)-76.28-67.06-49.66-76.03-92.68
Solvency
Equity ratio95.4 %93.0 %98.4 %95.4 %99.5 %
Gearing3.2 %5.8 %0.3 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio21.414.062.921.4180.3
Current ratio21.414.062.921.4180.3
Cash and cash equivalents8 443.929 850.3310 399.9211 057.109 259.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.69%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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