ULFSUND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ULFSUND ApS
ULFSUND ApS (CVR number: 33066694) is a company from LEMVIG. The company recorded a gross profit of -426.8 kDKK in 2023. The operating profit was -676 kDKK, while net earnings were -530.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ULFSUND ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 389.12 | 465.02 | 439.23 | 870.00 | - 426.85 |
EBIT | 389.12 | 328.39 | 190.10 | 620.87 | - 675.97 |
Net earnings | 303.99 | 209.13 | 263.41 | 605.22 | - 530.66 |
Shareholders equity total | 5 759.15 | 5 968.28 | 6 231.69 | 6 836.91 | 5 806.25 |
Balance sheet total (assets) | 8 350.46 | 7 492.59 | 7 327.88 | 8 467.70 | 7 711.57 |
Net debt | - 242.74 | 414.77 | 97.20 | - 551.06 | - 455.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 4.4 % | 3.2 % | 8.5 % | -7.4 % |
ROE | 5.4 % | 3.6 % | 4.3 % | 9.3 % | -8.4 % |
ROI | 6.3 % | 5.0 % | 3.3 % | 9.0 % | -8.2 % |
Economic value added (EVA) | -33.16 | - 119.54 | -91.34 | 208.99 | - 973.09 |
Solvency | |||||
Equity ratio | 69.0 % | 79.7 % | 85.0 % | 80.7 % | 75.3 % |
Gearing | 9.1 % | 7.5 % | 6.2 % | 5.1 % | 8.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 0.9 | 1.8 | 2.1 | 1.4 |
Current ratio | 2.1 | 1.2 | 1.8 | 2.5 | 1.6 |
Cash and cash equivalents | 766.00 | 35.03 | 289.45 | 898.93 | 974.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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