ELT TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 75500416
Syrenvej 40, Hornum 9600 Aars
tel: 98661522

Credit rating

Company information

Official name
ELT TRADING ApS
Established
1984
Domicile
Hornum
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ELT TRADING ApS

ELT TRADING ApS (CVR number: 75500416) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 57.2 kDKK in 2021. The operating profit was 57.2 kDKK, while net earnings were 45.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 4 %, which can be considered weak. 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. ELT TRADING ApS's liquidity measured by quick ratio was 74.1 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit29.1830.9334.66125.5457.16
EBIT29.1830.9334.66125.5457.16
Net earnings29.18180.9333.72119.2145.23
Shareholders equity total875.911 004.841 018.561 117.771 163.00
Balance sheet total (assets)1 058.411 037.301 033.561 143.031 178.90
Net debt-28.05- 850.78- 783.16- 869.79-1 052.11
Profitability
EBIT-%
ROA2.7 %17.3 %3.3 %11.5 %4.9 %
ROE3.3 %19.2 %3.3 %11.2 %4.0 %
ROI3.3 %19.2 %3.4 %11.8 %5.0 %
Economic value added (EVA)-14.33-11.6726.92113.7143.58
Solvency
Equity ratio82.8 %96.9 %98.5 %97.8 %98.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.027.559.245.374.1
Current ratio5.027.559.245.374.1
Cash and cash equivalents28.05850.78783.16869.791 052.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.92%
Rating: 43/100
-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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