ELBEK & VEJRUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELBEK & VEJRUP A/S
ELBEK & VEJRUP A/S (CVR number: 20117982) is a company from AARHUS. The company reported a net sales of 310 mDKK in 2024, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was at 32 % (EBIT: 99.3 mDKK), while net earnings were 84.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 95.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELBEK & VEJRUP A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 215.54 | 228.65 | 253.93 | 283.67 | 310.00 |
Gross profit | 161.08 | 167.12 | 187.21 | 212.20 | 232.15 |
EBIT | 59.08 | 62.54 | 70.52 | 87.67 | 99.31 |
Net earnings | 54.38 | 43.94 | 62.45 | 76.66 | 84.60 |
Shareholders equity total | 85.39 | 91.26 | |||
Balance sheet total (assets) | 135.90 | 117.42 | 155.21 | 197.29 | 213.49 |
Net debt | - 134.46 | - 153.91 | |||
Profitability | |||||
EBIT-% | 27.4 % | 27.4 % | 27.8 % | 30.9 % | 32.0 % |
ROA | 44.2 % | 49.4 % | 51.7 % | 56.6 % | 56.1 % |
ROE | 231.1 % | 179.6 % | 95.8 % | ||
ROI | 44.2 % | 49.4 % | 51.7 % | 82.6 % | 128.4 % |
Economic value added (EVA) | 56.72 | 62.54 | 70.52 | 68.37 | 72.96 |
Solvency | |||||
Equity ratio | 43.3 % | 42.7 % | |||
Gearing | 0.3 % | 0.3 % | |||
Relative net indebtedness % | -8.4 % | -10.8 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | |||
Current ratio | 1.8 | 1.7 | |||
Cash and cash equivalents | 134.69 | 154.19 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.6 | 48.9 | |||
Net working capital % | -9.9 % | -0.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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