Elkjær Olesen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elkjær Olesen ApS
Elkjær Olesen ApS (CVR number: 39753456) is a company from SILKEBORG. The company recorded a gross profit of 487.5 kDKK in 2024. The operating profit was -32.8 kDKK, while net earnings were -16.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Elkjær Olesen ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 973.41 | 1 096.63 | 794.83 | 834.32 | 487.55 |
EBIT | -27.44 | 104.31 | -8.76 | 58.87 | -32.78 |
Net earnings | -22.73 | 78.79 | -8.95 | 43.67 | -16.55 |
Shareholders equity total | 11.44 | 40.23 | 31.28 | 74.95 | 58.40 |
Balance sheet total (assets) | 637.34 | 705.02 | 598.11 | 531.78 | 119.32 |
Net debt | - 363.68 | - 560.42 | - 449.50 | - 484.53 | -52.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.8 % | 15.5 % | -1.3 % | 10.2 % | -6.6 % |
ROE | -99.7 % | 305.0 % | -25.0 % | 82.2 % | -24.8 % |
ROI | -33.2 % | 153.4 % | -16.8 % | 85.9 % | -29.2 % |
Economic value added (EVA) | -23.79 | 80.12 | -10.43 | 42.51 | -31.88 |
Solvency | |||||
Equity ratio | 1.8 % | 5.7 % | 5.2 % | 14.1 % | 48.9 % |
Gearing | 71.8 % | 33.9 % | 60.9 % | 11.5 % | 9.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 |
Current ratio | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 371.89 | 574.08 | 468.54 | 493.15 | 57.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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