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USE Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a decline of -11.2 % compared to the previous year. The operating profit percentage was at 98.1 % (EBIT: 0.4 mDKK), while net earnings were 441.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.3 %, which can be considered excellent and Return on Equity (ROE) was 54.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. USE Group ApS's liquidity measured by quick ratio was 3.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 26.91 | 509.71 | 452.68 | ||
| Gross profit | -14.50 | -11.74 | 18.91 | 500.98 | 444.25 |
| EBIT | -14.50 | -11.74 | 18.91 | 500.98 | 444.25 |
| Net earnings | 291.74 | - 179.50 | 18.26 | 498.73 | 441.75 |
| Shareholders equity total | 316.91 | 137.40 | 155.66 | 654.39 | 974.14 |
| Balance sheet total (assets) | 357.91 | 211.50 | 238.63 | 816.74 | 1 291.35 |
| Net debt | 7.14 | 52.69 | 70.48 | 84.58 | 74.14 |
| Profitability | |||||
| EBIT-% | 70.3 % | 98.3 % | 98.1 % | ||
| ROA | 164.1 % | -61.0 % | 8.4 % | 94.9 % | 42.3 % |
| ROE | 170.6 % | -79.0 % | 12.5 % | 123.1 % | 54.3 % |
| ROI | 186.6 % | -67.4 % | 9.1 % | 103.7 % | 49.6 % |
| Economic value added (EVA) | -15.76 | -28.06 | 9.35 | 492.74 | 410.24 |
| Solvency | |||||
| Equity ratio | 88.5 % | 65.0 % | 65.2 % | 80.1 % | 75.4 % |
| Gearing | 2.5 % | 38.6 % | 45.6 % | 13.0 % | 8.4 % |
| Relative net indebtedness % | 306.3 % | 31.8 % | 68.5 % | ||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 0.7 | 3.7 |
| Current ratio | 0.0 | 0.0 | 0.0 | 0.7 | 3.7 |
| Cash and cash equivalents | 0.86 | 0.31 | 0.52 | 0.32 | 7.24 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -306.3 % | -5.5 % | 54.2 % | ||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | A | A |
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