ELSTED TØMRER & SNEDKER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELSTED TØMRER & SNEDKER A/S
ELSTED TØMRER & SNEDKER A/S (CVR number: 31488761) is a company from THISTED. The company recorded a gross profit of 1279.8 kDKK in 2024. The operating profit was -91.5 kDKK, while net earnings were -52 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. ELSTED TØMRER & SNEDKER A/S's liquidity measured by quick ratio was 1.3 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 | 2 024.90 | 2 761.23 | 1 670.37 | 1 689.67 | 1 279.85 |
| EBIT | 362.61 | 955.80 | 191.87 | 98.89 | -91.53 |
| Net earnings | 268.21 | 747.26 | 148.88 | 72.96 | -51.97 |
| Shareholders equity total | 1 523.79 | 2 271.05 | 1 169.93 | 1 242.89 | 1 190.91 |
| Balance sheet total (assets) | 3 384.15 | 3 799.64 | 1 979.70 | 2 832.27 | 2 089.24 |
| Net debt | 0.41 | - 146.21 | 202.67 | - 836.08 | - 639.32 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.3 % | 27.3 % | 7.0 % | 4.2 % | -2.5 % |
| ROE | 18.6 % | 39.4 % | 8.7 % | 6.0 % | -4.3 % |
| ROI | 18.2 % | 42.2 % | 9.6 % | 6.8 % | -4.6 % |
| Economic value added (EVA) | 186.71 | 645.13 | 18.83 | -4.51 | - 141.73 |
| Solvency | |||||
| Equity ratio | 47.3 % | 61.8 % | 59.6 % | 43.9 % | 57.2 % |
| Gearing | 17.9 % | 7.8 % | 22.9 % | 1.0 % | 1.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.9 | 0.9 | 1.1 | 1.3 |
| Current ratio | 1.3 | 2.0 | 1.6 | 1.4 | 1.8 |
| Cash and cash equivalents | 273.03 | 324.11 | 64.91 | 848.64 | 658.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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