Elegant Tech Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elegant Tech Solutions ApS
Elegant Tech Solutions ApS (CVR number: 39725428) is a company from GENTOFTE. The company recorded a gross profit of -4.3 kDKK in 2021. The operating profit was -4.3 kDKK, while net earnings were -22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Elegant Tech Solutions ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 350.80 | -9.33 | -4.30 |
EBIT | 159.58 | -9.33 | -4.30 |
Net earnings | 114.83 | -14.48 | -22.83 |
Shareholders equity total | 164.83 | 150.35 | 127.52 |
Balance sheet total (assets) | 460.11 | 401.57 | 384.52 |
Net debt | - 261.35 | - 192.23 | - 192.44 |
Profitability | |||
EBIT-% | |||
ROA | 34.7 % | -2.2 % | -1.1 % |
ROE | 69.7 % | -9.2 % | -16.4 % |
ROI | 44.8 % | -2.7 % | -1.3 % |
Economic value added (EVA) | 123.07 | 4.98 | 7.41 |
Solvency | |||
Equity ratio | 35.8 % | 37.4 % | 33.2 % |
Gearing | 115.9 % | 127.1 % | 148.7 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.6 | 1.6 | 1.5 |
Current ratio | 1.6 | 1.6 | 1.5 |
Cash and cash equivalents | 452.44 | 383.32 | 382.05 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | B | B |
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