USE Group ApS — Credit Rating and Financial Key Figures

CVR number: 38589571
Sonnesgade 12, 8000 Aarhus C
ari@usestudio.dk
tel: 21179310

Credit rating

Company information

Official name
USE Group ApS
Established
2017
Company form
Private limited company
Industry

About USE Group ApS

USE Group ApS (CVR number: 38589571) is a company from AARHUS. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 1793.9 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 0.5 mDKK), while net earnings were 498.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 94.9 %, which can be considered excellent and Return on Equity (ROE) was 123.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. USE Group ApS's liquidity measured by quick ratio was 0.7 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 sales26.91509.71
Gross profit-11.81-14.50-11.7418.91500.98
EBIT-11.81-14.50-11.7418.91500.98
Net earnings-15.84291.74- 179.5018.26498.73
Shareholders equity total25.16316.91137.40155.66654.39
Balance sheet total (assets)39.96357.91211.50238.63816.74
Net debt-31.967.1452.6970.4884.58
Profitability
EBIT-%70.3 %98.3 %
ROA-71.9 %164.1 %-61.0 %8.4 %94.9 %
ROE-121.1 %170.6 %-79.0 %12.5 %123.1 %
ROI-120.8 %186.6 %-67.4 %9.1 %103.7 %
Economic value added (EVA)-11.66-13.767.4631.64518.66
Solvency
Equity ratio63.0 %88.5 %65.0 %65.2 %80.1 %
Gearing2.5 %38.6 %45.6 %13.0 %
Relative net indebtedness %306.3 %31.8 %
Liquidity
Quick ratio2.20.00.00.00.7
Current ratio2.20.00.00.00.7
Cash and cash equivalents31.960.860.310.520.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-306.3 %-5.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:94.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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