Cutters Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 39457555
Hørkær 12 A, 2730 Herlev

Company information

Official name
Cutters Danmark ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Cutters Danmark ApS

Cutters Danmark ApS (CVR number: 39457555) is a company from HERLEV. The company recorded a gross profit of -26.8 kDKK in 2024. The operating profit was -50.4 kDKK, while net earnings were 101.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -62 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Cutters Danmark ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales573.01
Gross profit203.84-22.07-30.16-30.86-26.81
EBIT- 368.03-67.39-74.98-60.71-50.44
Net earnings152.77- 199.6956.47156.84101.40
Shareholders equity total-1 897.67-2 097.36-2 040.88-1 884.04-1 801.33
Balance sheet total (assets)1 292.631 236.651 148.091 141.941 102.20
Net debt3 067.313 317.463 177.683 010.922 891.25
Profitability
EBIT-%-64.2 %
ROA-10.1 %-2.1 %2.8 %4.4 %3.4 %
ROE9.1 %-15.8 %4.7 %13.7 %9.0 %
ROI-10.9 %-2.1 %2.8 %4.5 %3.4 %
Economic value added (EVA)- 381.23- 114.90- 107.62- 126.20- 107.42
Solvency
Equity ratio-59.5 %-62.9 %-64.0 %-62.3 %-62.0 %
Gearing-163.3 %-158.3 %-155.9 %-160.2 %-160.9 %
Relative net indebtedness %551.2 %
Liquidity
Quick ratio0.30.30.30.30.3
Current ratio0.30.30.30.30.3
Cash and cash equivalents32.163.403.307.076.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-375.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-62.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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