Elverdal Danske Aktier A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elverdal Danske Aktier A/S
Elverdal Danske Aktier A/S (CVR number: 38768379) is a company from KØBENHAVN. The company recorded a gross profit of 1021.8 kDKK in 2020, demonstrating a growth of 0 % compared to the previous year. The operating profit was 1021.8 kDKK, while net earnings were 1021.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.4 %, which can be considered excellent and Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Elverdal Danske Aktier A/S's liquidity measured by quick ratio was 78.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | |
|---|---|---|---|
| Volume | |||
| Net sales | - 165.65 | 341.03 | |
| Gross profit | 314.18 | - 354.40 | 1 021.83 |
| EBIT | 314.18 | - 354.40 | 1 021.83 |
| Net earnings | 314.18 | - 354.55 | 1 021.07 |
| Shareholders equity total | 3 466.48 | 1 926.81 | 2 719.31 |
| Balance sheet total (assets) | 3 494.29 | 1 951.81 | 2 754.53 |
| Net debt | -3 494.29 | -1 951.81 | -2 754.53 |
| Profitability | |||
| EBIT-% | -103.9 % | ||
| ROA | 9.0 % | -13.0 % | 43.4 % |
| ROE | 9.1 % | -13.1 % | 44.0 % |
| ROI | 9.1 % | -13.1 % | 44.0 % |
| Economic value added (EVA) | 314.18 | - 353.00 | 1 023.08 |
| Solvency | |||
| Equity ratio | 99.2 % | 98.7 % | 98.7 % |
| Gearing | |||
| Relative net indebtedness % | 2092.7 % | -565.0 % | |
| Liquidity | |||
| Quick ratio | 125.7 | 78.1 | 78.2 |
| Current ratio | 125.7 | 78.1 | 78.2 |
| Cash and cash equivalents | 3 494.29 | 1 951.81 | 2 754.53 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | -28.4 % | 20.0 % | |
| Credit risk | |||
| Credit rating | BBB | BB | BBB |
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