This is Useless Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37577642
Torvegade 23, 1400 København K

Company information

Official name
This is Useless Holding ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings149.0021.839.93-67.4726.38
Shareholders equity total141.03162.87172.79105.33131.70
Balance sheet total (assets)475.25520.18543.04489.83531.60
Net debt301.55314.12327.05340.37356.70
Profitability
EBIT-%
ROA50.9 %8.3 %3.6 %-10.5 %7.9 %
ROE123.6 %14.4 %5.9 %-48.5 %22.3 %
ROI54.2 %9.0 %4.0 %-11.5 %8.6 %
Economic value added (EVA)-2.962.643.807.016.75
Solvency
Equity ratio29.7 %31.3 %31.8 %21.5 %24.8 %
Gearing213.8 %192.9 %189.3 %323.2 %270.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.60.6
Current ratio0.60.60.60.60.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:7.89%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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