T. USSING HOLDING FREDERICIA ApS — Credit Rating and Financial Key Figures

CVR number: 29410771
Rudolf Steiner Allé 16, Sønderskov 7000 Fredericia
tel: 20661894

Credit rating

Company information

Official name
T. USSING HOLDING FREDERICIA ApS
Established
2006
Domicile
Sønderskov
Company form
Private limited company
Industry

About T. USSING HOLDING FREDERICIA ApS

T. USSING HOLDING FREDERICIA ApS (CVR number: 29410771) is a company from FREDERICIA. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -18.8 kDKK, while net earnings were 937.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. USSING HOLDING FREDERICIA ApS's liquidity measured by quick ratio was 38.1 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 profit-13.50-3.00-15.31-15.56-18.85
EBIT-13.50-3.00-15.31-15.56-18.85
Net earnings1 259.925.23-11.821 915.91937.78
Shareholders equity total2 578.152 072.781 930.973 732.484 020.26
Balance sheet total (assets)2 583.342 077.971 936.163 737.674 025.45
Net debt-85.72-71.36-50.63-70.39- 194.81
Profitability
EBIT-%
ROA55.4 %0.3 %-0.6 %67.5 %24.2 %
ROE56.9 %0.2 %-0.6 %67.7 %24.2 %
ROI55.5 %0.3 %-0.6 %67.6 %24.2 %
Economic value added (EVA)-1.3463.1926.2019.8791.04
Solvency
Equity ratio99.8 %99.8 %99.7 %99.9 %99.9 %
Gearing0.1 %0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio19.416.712.745.438.1
Current ratio34.031.227.360.0118.9
Cash and cash equivalents88.4174.0553.3273.08197.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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