Eluminate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Eluminate ApS
Eluminate ApS (CVR number: 42604895) is a company from HERLEV. The company reported a net sales of 5 mDKK in 2023, demonstrating a growth of 119.1 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0.3 mDKK), while net earnings were 234.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 53.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. Eluminate 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3 366.21 | 2 295.49 | 5 029.13 |
Gross profit | 815.26 | 1 313.46 | 3 033.62 |
EBIT | 325.69 | 23.00 | 348.00 |
Net earnings | 252.75 | 9.77 | 234.31 |
Shareholders equity total | 292.75 | 324.06 | 558.37 |
Balance sheet total (assets) | 1 698.04 | 998.60 | 1 658.35 |
Net debt | - 529.69 | 218.53 | -61.78 |
Profitability | |||
EBIT-% | 9.7 % | 1.0 % | 6.9 % |
ROA | 19.2 % | 1.7 % | 26.2 % |
ROE | 86.3 % | 3.2 % | 53.1 % |
ROI | 104.1 % | 5.4 % | 53.0 % |
Economic value added (EVA) | 253.23 | 30.06 | 243.15 |
Solvency | |||
Equity ratio | 17.2 % | 32.5 % | 33.7 % |
Gearing | 6.9 % | 67.4 % | 38.1 % |
Relative net indebtedness % | 25.4 % | 29.4 % | 16.4 % |
Liquidity | |||
Quick ratio | 1.2 | 1.4 | 1.5 |
Current ratio | 1.2 | 1.4 | 1.5 |
Cash and cash equivalents | 549.88 | 274.28 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 123.8 | 88.8 | 66.1 |
Net working capital % | 8.6 % | 12.9 % | 9.3 % |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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