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 -1.5 kDKK in 2023. The operating profit was -1.5 kDKK, while net earnings were 26.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.50 | -3.50 | -3.50 | -0.94 | -1.48 |
EBIT | -3.50 | -3.50 | -3.50 | -0.94 | -1.48 |
Net earnings | 149.00 | 21.83 | 9.93 | -67.47 | 26.38 |
Shareholders equity total | 141.03 | 162.87 | 172.79 | 105.33 | 131.70 |
Balance sheet total (assets) | 475.25 | 520.18 | 543.04 | 489.83 | 531.60 |
Net debt | 301.55 | 314.12 | 327.05 | 340.37 | 356.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 50.9 % | 8.3 % | 3.6 % | -10.5 % | 7.9 % |
ROE | 123.6 % | 14.4 % | 5.9 % | -48.5 % | 22.3 % |
ROI | 54.2 % | 9.0 % | 4.0 % | -11.5 % | 8.6 % |
Economic value added (EVA) | -2.96 | 2.64 | 3.80 | 7.01 | 6.75 |
Solvency | |||||
Equity ratio | 29.7 % | 31.3 % | 31.8 % | 21.5 % | 24.8 % |
Gearing | 213.8 % | 192.9 % | 189.3 % | 323.2 % | 270.8 % |
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 | A | BBB | BBB | BBB | A |
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