ELCORE SOLUTIONS ApS — Credit Rating and Financial Key Figures

ELCORE SOLUTIONS ApS (CVR number: 33075375K) is a company from KØBENHAVN. The company reported a net sales of 1064.6 mDKK in 2021, demonstrating a growth of 31 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 21.2 mDKK), while net earnings were 22.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. ELCORE SOLUTIONS ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.