R.A. USSING & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 11979645
Sønderskovvej 3-5, Sønderskov 7000 Fredericia
tel: 75941132

Company information

Official name
R.A. USSING & SØN A/S
Personnel
33 persons
Established
1988
Domicile
Sønderskov
Company form
Limited company
Industry

About R.A. USSING & SØN A/S

R.A. USSING & SØN A/S (CVR number: 11979645) is a company from FREDERICIA. The company recorded a gross profit of 9180.2 kDKK in 2024. The operating profit was 2291.3 kDKK, while net earnings were 1621.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. R.A. USSING & SØN A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 751.1614 866.579 438.979 805.009 180.19
EBIT6 416.817 666.963 094.453 412.302 291.26
Net earnings5 167.255 987.512 518.862 326.401 621.30
Shareholders equity total29 091.9232 079.4332 598.2932 924.6931 545.99
Balance sheet total (assets)72 669.5574 319.2865 061.1764 430.1854 445.08
Net debt21 960.2218 156.8815 782.5613 223.629 105.00
Profitability
EBIT-%
ROA9.9 %11.2 %5.4 %5.8 %4.2 %
ROE18.8 %19.6 %7.8 %7.1 %5.0 %
ROI11.6 %13.5 %6.3 %6.5 %4.9 %
Economic value added (EVA)3 118.124 126.33623.36993.65639.19
Solvency
Equity ratio40.0 %43.2 %50.1 %51.1 %57.9 %
Gearing110.0 %85.9 %81.8 %67.7 %40.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.72.81.01.7
Current ratio5.34.27.52.64.6
Cash and cash equivalents10 037.449 411.4610 886.359 072.943 634.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.17%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.9%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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