Illuminate CPH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Illuminate CPH ApS
Illuminate CPH ApS (CVR number: 39318474) is a company from KØBENHAVN. The company recorded a gross profit of 637.5 kDKK in 2023. The operating profit was -33.5 kDKK, while net earnings were -18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. Illuminate CPH ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 410.90 | 721.18 | 1 346.11 | 875.45 | 637.55 |
EBIT | 168.75 | - 208.45 | 462.50 | -24.29 | -33.49 |
Net earnings | 130.18 | - 201.65 | 444.42 | -25.92 | -18.77 |
Shareholders equity total | 172.58 | -29.07 | 415.35 | 185.83 | 167.06 |
Balance sheet total (assets) | 723.90 | 571.01 | 891.94 | 493.24 | 351.40 |
Net debt | 124.57 | 95.37 | - 416.19 | 17.27 | 6.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.0 % | -31.5 % | 62.0 % | -3.5 % | -7.9 % |
ROE | 121.1 % | -54.2 % | 90.1 % | -8.6 % | -10.6 % |
ROI | 57.6 % | -35.5 % | 78.1 % | -5.2 % | -9.9 % |
Economic value added (EVA) | 131.73 | - 192.69 | 460.95 | -17.23 | -24.19 |
Solvency | |||||
Equity ratio | 23.8 % | -4.8 % | 46.6 % | 37.7 % | 47.5 % |
Gearing | 207.4 % | -1201.0 % | 33.7 % | 104.9 % | 75.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 1.2 | 0.8 | 0.6 |
Current ratio | 0.7 | 0.8 | 1.2 | 0.8 | 0.6 |
Cash and cash equivalents | 233.46 | 253.73 | 555.99 | 177.65 | 119.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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