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This is Useless Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About This is Useless Holding ApS
This is Useless Holding ApS (CVR number: 37577642) is a company from KØBENHAVN. The company recorded a gross profit of -1.3 kDKK in 2024. The operating profit was -1.3 kDKK, while net earnings were 6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. This is Useless Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.50 | -3.50 | -0.94 | -1.48 | -1.30 |
| EBIT | -3.50 | -3.50 | -0.94 | -1.48 | -1.30 |
| Net earnings | 21.83 | 9.93 | -67.47 | 26.38 | 6.01 |
| Shareholders equity total | 162.87 | 172.79 | 105.33 | 131.70 | 137.71 |
| Balance sheet total (assets) | 520.18 | 543.04 | 489.83 | 531.60 | 557.85 |
| Net debt | 314.12 | 327.05 | 340.37 | 356.70 | 376.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.3 % | 3.6 % | -10.5 % | 7.9 % | 4.6 % |
| ROE | 14.4 % | 5.9 % | -48.5 % | 22.3 % | 4.5 % |
| ROI | 9.0 % | 4.0 % | -11.5 % | 8.6 % | 5.0 % |
| Economic value added (EVA) | -25.74 | -27.47 | -26.06 | -23.88 | -25.84 |
| Solvency | |||||
| Equity ratio | 31.3 % | 31.8 % | 21.5 % | 24.8 % | 24.7 % |
| Gearing | 192.9 % | 189.3 % | 323.2 % | 270.8 % | 273.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
| Current ratio | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BB |
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