Cuts ApS — Credit Rating and Financial Key Figures

Cuts ApS (CVR number: 38585835) is a company from FREDERICIA. The company recorded a gross profit of 352 kDKK in 2023. The operating profit was -54.4 kDKK, while net earnings were -50.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.7 %, which can be considered poor and Return on Equity (ROE) was -54.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Cuts ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.