ULSØ DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 15742240
Linde Alle 8, 7430 Ikast
tel: 97151517

Credit rating

Company information

Official name
ULSØ DESIGN ApS
Personnel
2 persons
Established
1992
Company form
Private limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

About ULSØ DESIGN ApS

ULSØ DESIGN ApS (CVR number: 15742240) is a company from IKAST-BRANDE. The company recorded a gross profit of 1266 kDKK in 2023. The operating profit was 473.5 kDKK, while net earnings were 372.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. ULSØ DESIGN ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 571.062 022.871 944.341 728.451 266.00
EBIT501.97716.27748.59752.63473.50
Net earnings377.47544.04566.03586.00372.45
Shareholders equity total2 456.913 000.953 566.982 052.991 425.44
Balance sheet total (assets)3 508.374 312.134 476.403 094.412 027.91
Net debt-1 248.15-1 937.51-2 221.24-1 474.93- 567.72
Profitability
EBIT-%
ROA15.0 %18.5 %17.2 %20.0 %18.7 %
ROE16.6 %19.9 %17.2 %20.9 %21.4 %
ROI18.6 %22.8 %20.8 %25.8 %27.5 %
Economic value added (EVA)359.86519.14550.15531.92340.18
Solvency
Equity ratio70.0 %69.6 %79.7 %66.3 %70.3 %
Gearing17.7 %14.8 %7.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.33.52.01.6
Current ratio3.33.34.92.93.3
Cash and cash equivalents1 683.592 381.732 471.031 474.93567.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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