ULKÆR 2010 ApS — Credit Rating and Financial Key Figures

CVR number: 32674801
Ulkærvej 11, 7441 Bording

Credit rating

Company information

Official name
ULKÆR 2010 ApS
Established
2010
Company form
Private limited company
Industry

About ULKÆR 2010 ApS

ULKÆR 2010 ApS (CVR number: 32674801) is a company from IKAST-BRANDE. The company recorded a gross profit of 53 kDKK in 2023, demonstrating a growth of 3.7 % compared to the previous year. The operating profit was 45 kDKK, while net earnings were 32.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. ULKÆR 2010 ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales72.0072.0072.0072.00
Gross profit48.5752.0348.9251.1653.04
EBIT40.5744.0340.9243.1645.04
Net earnings30.3933.0330.0621.9732.11
Shareholders equity total346.64379.67409.74431.70463.81
Balance sheet total (assets)725.05745.16761.44772.95795.09
Net debt244.84199.42157.86121.2976.21
Profitability
EBIT-%56.3 %61.2 %56.8 %59.9 %
ROA5.6 %6.0 %5.4 %5.6 %5.7 %
ROE9.2 %9.1 %7.6 %5.2 %7.2 %
ROI6.2 %6.6 %6.0 %6.2 %6.4 %
Economic value added (EVA)2.245.283.012.129.22
Solvency
Equity ratio47.8 %51.0 %53.8 %55.9 %58.3 %
Gearing90.8 %78.3 %68.3 %60.9 %53.5 %
Relative net indebtedness %428.7 %371.7 %318.8 %277.2 %
Liquidity
Quick ratio0.91.11.71.82.1
Current ratio0.91.11.71.82.1
Cash and cash equivalents69.7797.88122.16141.67171.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-15.5 %17.4 %70.1 %88.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.74%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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