ELINORD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELINORD A/S
ELINORD A/S (CVR number: 25615581) is a company from FREDERIKSHAVN. The company reported a net sales of 39.1 mDKK in 2024, demonstrating a decline of -16 % compared to the previous year. The operating profit percentage was at 22 % (EBIT: 8.6 mDKK), while net earnings were 9389 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. ELINORD A/S's liquidity measured by quick ratio was 6.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 31.83 | 31.71 | 43.76 | 46.52 | 39.06 |
Gross profit | 11.38 | 7.81 | 11.36 | 20.41 | 11.30 |
EBIT | 8.05 | 3.46 | 7.43 | 16.79 | 8.59 |
Net earnings | 5.82 | 2.21 | 5.91 | 14.96 | 9.39 |
Shareholders equity total | 205.96 | 208.17 | 214.07 | 229.03 | 238.42 |
Balance sheet total (assets) | 280.92 | 298.12 | 296.21 | 319.15 | 332.99 |
Net debt | -67.28 | -83.51 | |||
Profitability | |||||
EBIT-% | 25.3 % | 10.9 % | 17.0 % | 36.1 % | 22.0 % |
ROA | 2.9 % | 1.2 % | 2.5 % | 6.3 % | 3.7 % |
ROE | 2.9 % | 1.1 % | 2.8 % | 6.8 % | 4.0 % |
ROI | 2.9 % | 1.2 % | 2.5 % | 7.3 % | 5.1 % |
Economic value added (EVA) | -2.01 | -6.88 | -3.03 | 2.34 | -5.43 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.4 % | 70.2 % |
Gearing | 2.7 % | 2.6 % | |||
Relative net indebtedness % | 36.0 % | 12.7 % | |||
Liquidity | |||||
Quick ratio | 5.6 | 6.2 | |||
Current ratio | 5.7 | 6.2 | |||
Cash and cash equivalents | 73.37 | 89.61 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 204.9 | 240.2 | |||
Net working capital % | 251.0 % | 338.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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