Elo ApS — Credit Rating and Financial Key Figures

Elo ApS (CVR number: 44435845) is a company from VEJEN. The company recorded a gross profit of 199.3 kDKK in 2024. The operating profit was -171.7 kDKK, while net earnings were -146.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.4 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elo ApS's liquidity measured by quick ratio was 8.4 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.