Credit rating
Company information
About ELINDCO A/S
ELINDCO A/S (CVR number: 86243911) is a company from ROSKILDE. The company reported a net sales of 536.8 mDKK in 2023, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 20.3 mDKK), while net earnings were 16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. ELINDCO A/S's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 546.44 | 562.50 | 721.77 | 561.47 | 536.76 |
Gross profit | 41.17 | 39.94 | 31.31 | 25.24 | 35.90 |
EBIT | 26.59 | 23.01 | 15.78 | 12.07 | 20.33 |
Net earnings | 21.32 | 18.72 | 13.37 | 10.15 | 16.95 |
Shareholders equity total | 71.78 | 68.72 | 63.37 | 63.52 | 80.46 |
Balance sheet total (assets) | 187.65 | 228.77 | 209.77 | 190.94 | 225.61 |
Net debt | -4.73 | -35.27 | |||
Profitability | |||||
EBIT-% | 4.9 % | 4.1 % | 2.2 % | 2.1 % | 3.8 % |
ROA | 13.1 % | 11.1 % | 7.2 % | 6.6 % | 10.7 % |
ROE | 31.0 % | 26.6 % | 20.2 % | 16.0 % | 23.5 % |
ROI | 13.1 % | 11.1 % | 7.2 % | 9.0 % | 24.6 % |
Economic value added (EVA) | 23.28 | 19.40 | 12.32 | 6.27 | 12.86 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.3 % | 35.7 % |
Gearing | |||||
Relative net indebtedness % | 18.2 % | 17.5 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | |||
Current ratio | 1.8 | 1.8 | |||
Cash and cash equivalents | 4.73 | 35.27 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 83.2 | 95.5 | |||
Net working capital % | 14.9 % | 18.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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