Elverdal Danske Aktier A/S — Credit Rating and Financial Key Figures

CVR number: 38768379
Ålandsgade 43, 2300 København S

Credit rating

Company information

Official name
Elverdal Danske Aktier A/S
Established
2017
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
Volume
Net sales- 165.65341.03
Gross profit314.18- 354.401 021.83
EBIT314.18- 354.401 021.83
Net earnings314.18- 354.551 021.07
Shareholders equity total3 466.481 926.812 719.31
Balance sheet total (assets)3 494.291 951.812 754.53
Net debt-3 494.29-1 951.81-2 754.53
Profitability
EBIT-%-103.9 %
ROA9.0 %-13.0 %43.4 %
ROE9.1 %-13.1 %44.0 %
ROI9.1 %-13.1 %44.0 %
Economic value added (EVA)314.18- 353.001 023.08
Solvency
Equity ratio99.2 %98.7 %98.7 %
Gearing
Relative net indebtedness %2092.7 %-565.0 %
Liquidity
Quick ratio125.778.178.2
Current ratio125.778.178.2
Cash and cash equivalents3 494.291 951.812 754.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-28.4 %20.0 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:43.4%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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