Mustang Sportswear ApS — Credit Rating and Financial Key Figures

CVR number: 42121568
Bakkegårdsvej 211, 3050 Humlebæk
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Company information

Official name
Mustang Sportswear ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Mustang Sportswear ApS

Mustang Sportswear ApS (CVR number: 42121568) is a company from FREDENSBORG. The company recorded a gross profit of -454.1 kDKK in 2024. The operating profit was -553.1 kDKK, while net earnings were -873 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -60.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mustang Sportswear ApS's liquidity measured by quick ratio was 3.6 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
2021
2022
2023
2024
Volume
Net sales
Gross profit- 166.13-3 831.38142.45- 454.13
EBIT- 631.77-4 886.99138.81- 553.13
Net earnings- 507.11-4 074.48- 683.19- 873.03
Shareholders equity total532.89558.421 875.221 002.19
Balance sheet total (assets)4 678.906 108.595 951.565 116.03
Net debt3 955.985 487.543 713.803 843.87
Profitability
EBIT-%
ROA-13.5 %-90.6 %2.3 %-10.0 %
ROE-95.2 %-746.7 %-56.1 %-60.7 %
ROI-14.1 %-92.8 %2.4 %-10.5 %
Economic value added (EVA)- 492.78-4 037.42- 205.25- 925.49
Solvency
Equity ratio11.4 %9.1 %31.5 %19.6 %
Gearing742.4 %982.7 %200.7 %383.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.44.13.6
Current ratio4.45.819.119.2
Cash and cash equivalents50.153.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-9.97%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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