Usetech ApS — Credit Rating and Financial Key Figures

Usetech ApS (CVR number: 35856242) is a company from SKANDERBORG. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -1.2 kDKK, while net earnings were -5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. Usetech ApS's liquidity measured by quick ratio was 3.8 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.