ELG DENMARK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELG DENMARK HOLDING A/S
ELG DENMARK HOLDING A/S (CVR number: 15390336) is a company from KØBENHAVN. The company recorded a gross profit of -7.3 kEUR in 2020. The operating profit was -7.3 kEUR, while net earnings were -234.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELG DENMARK HOLDING A/S's liquidity measured by quick ratio was 63.5 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.26 | -13.63 | -7.36 | -2.89 | -7.34 |
EBIT | -12.26 | -13.63 | -7.36 | -2.89 | -7.34 |
Net earnings | 2 165.51 | - 181.27 | 2 152.21 | 1 260.13 | - 234.08 |
Shareholders equity total | 4 534.66 | 4 472.28 | 6 702.26 | 7 840.79 | 1 506.72 |
Balance sheet total (assets) | 8 423.51 | 8 998.50 | 8 190.84 | 9 192.62 | 1 512.83 |
Net debt | 2 778.94 | 3 392.44 | 333.75 | 174.91 | -14.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.9 % | 1.0 % | 29.7 % | 17.2 % | -4.8 % |
ROE | 47.8 % | -4.0 % | 38.5 % | 17.3 % | -5.0 % |
ROI | 29.9 % | 1.0 % | 29.8 % | 17.3 % | -4.8 % |
Economic value added (EVA) | -10.22 | - 124.39 | - 109.55 | - 214.53 | - 281.03 |
Solvency | |||||
Equity ratio | 53.8 % | 49.7 % | 81.8 % | 85.3 % | 99.6 % |
Gearing | 61.3 % | 76.1 % | 5.1 % | 2.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.3 | 20.4 | 43.6 | 63.5 |
Current ratio | 2.6 | 2.3 | 20.4 | 43.6 | 63.5 |
Cash and cash equivalents | 2.48 | 8.78 | 8.56 | 8.25 | 14.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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