ULT Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ULT Denmark ApS
ULT Denmark ApS (CVR number: 42893110) is a company from KOLDING. The company recorded a gross profit of 9520 kDKK in 2024. The operating profit was -1103 kDKK, while net earnings were -15.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. ULT Denmark 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 427.00 | 5 497.00 | 9 520.00 |
EBIT | -4 943.00 | - 312.00 | -1 103.00 |
Net earnings | -10 744.00 | -18 400.00 | -15 384.00 |
Shareholders equity total | 451 090.00 | 435 114.00 | 599 841.00 |
Balance sheet total (assets) | 745 793.00 | 783 593.00 | 790 974.00 |
Net debt | 282 963.00 | 343 593.00 | 185 305.00 |
Profitability | |||
EBIT-% | |||
ROA | -0.7 % | 0.3 % | 0.3 % |
ROE | -2.4 % | -4.2 % | -3.0 % |
ROI | -0.7 % | 0.3 % | 0.3 % |
Economic value added (EVA) | -3 855.64 | 5 123.66 | 6 315.70 |
Solvency | |||
Equity ratio | 60.5 % | 55.5 % | 75.8 % |
Gearing | 64.7 % | 79.7 % | 31.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.1 | 0.6 | 0.6 |
Current ratio | 0.1 | 0.6 | 0.6 |
Cash and cash equivalents | 8 953.00 | 3 261.00 | 1 353.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | A | A |
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