Eluminate ApS — Credit Rating and Financial Key Figures

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.