Elevate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Elevate ApS
Elevate ApS (CVR number: 38732692) is a company from GLOSTRUP. The company recorded a gross profit of 453.3 kDKK in 2023. The operating profit was -0.6 kDKK, while net earnings were -1.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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. Elevate ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 619.00 | 609.00 | 435.00 | 466.00 | 453.33 |
EBIT | 81.00 | 54.00 | -75.00 | -12.00 | -0.61 |
Net earnings | 60.00 | 36.00 | -64.00 | -14.00 | -1.32 |
Shareholders equity total | 270.00 | 307.00 | 243.00 | 229.00 | 227.37 |
Balance sheet total (assets) | 573.00 | 622.00 | 445.00 | 461.00 | 577.30 |
Net debt | -91.00 | - 151.00 | -80.00 | - 215.00 | - 400.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 9.0 % | -14.1 % | -2.6 % | -0.1 % |
ROE | 25.0 % | 12.5 % | -23.3 % | -5.9 % | -0.6 % |
ROI | 21.8 % | 14.0 % | -20.8 % | -3.6 % | -0.2 % |
Economic value added (EVA) | 56.98 | 35.78 | -63.33 | -13.85 | 4.51 |
Solvency | |||||
Equity ratio | 47.1 % | 49.4 % | 54.6 % | 49.7 % | 39.4 % |
Gearing | 31.5 % | 24.4 % | 34.6 % | 50.7 % | 34.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 1.9 | 1.8 | 1.6 |
Current ratio | 1.2 | 1.6 | 1.9 | 1.8 | 1.6 |
Cash and cash equivalents | 176.00 | 226.00 | 164.00 | 331.00 | 478.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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