Mustang Sportswear ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mustang Sportswear ApS
Mustang Sportswear ApS (CVR number: 42121568) is a company from FREDENSBORG. The company recorded a gross profit of 142.4 kDKK in 2023. The operating profit was 138.8 kDKK, while net earnings were -683.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -56.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mustang Sportswear ApS's liquidity measured by quick ratio was 4.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 166.13 | -3 831.38 | 142.45 |
EBIT | - 631.77 | -4 886.99 | 138.81 |
Net earnings | - 507.11 | -4 074.48 | - 683.19 |
Shareholders equity total | 532.89 | 558.42 | 1 875.22 |
Balance sheet total (assets) | 4 678.90 | 6 108.59 | 5 951.56 |
Net debt | 3 955.98 | 5 487.54 | 3 713.80 |
Profitability | |||
EBIT-% | |||
ROA | -13.5 % | -90.6 % | 2.3 % |
ROE | -95.2 % | -746.7 % | -56.1 % |
ROI | -14.1 % | -92.8 % | 2.4 % |
Economic value added (EVA) | - 492.78 | -3 838.63 | 70.49 |
Solvency | |||
Equity ratio | 11.4 % | 9.1 % | 31.5 % |
Gearing | 742.4 % | 982.7 % | 200.7 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.6 | 1.4 | 4.1 |
Current ratio | 4.4 | 5.8 | 19.1 |
Cash and cash equivalents | 50.15 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | B | B |
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