HOUSE OF COTTON ApS — Credit Rating and Financial Key Figures

CVR number: 35529918
Kigkurren 8 M, 2300 København S
cb@basicapparel.dk
tel: 26237366
basicapparel.dk

Credit rating

Company information

Official name
HOUSE OF COTTON ApS
Personnel
7 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HOUSE OF COTTON ApS

HOUSE OF COTTON ApS (CVR number: 35529918) is a company from KØBENHAVN. The company recorded a gross profit of 1939.7 kDKK in 2023. The operating profit was -2565.2 kDKK, while net earnings were -4632.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25 %, which can be considered poor and Return on Equity (ROE) was -54.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HOUSE OF COTTON ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 959.693 191.027 238.321 201.331 939.67
EBIT1 146.52916.492 199.66-4 558.70-2 565.20
Net earnings832.02763.111 356.88-5 160.87-4 632.08
Shareholders equity total2 023.423 786.534 143.413 282.54-1 349.54
Balance sheet total (assets)3 217.497 056.3819 023.4818 428.9513 813.73
Net debt- 993.44- 144.127 865.1911 763.639 589.00
Profitability
EBIT-%
ROA36.5 %21.0 %16.1 %-28.7 %-25.0 %
ROE43.6 %26.3 %34.2 %-139.0 %-54.2 %
ROI58.6 %34.1 %24.9 %-38.7 %-33.6 %
Economic value added (EVA)836.53656.361 522.70-3 841.86-2 285.65
Solvency
Equity ratio62.9 %53.7 %21.8 %17.8 %-8.9 %
Gearing1.4 %6.6 %201.4 %360.7 %-732.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.90.50.60.6
Current ratio2.82.21.41.41.3
Cash and cash equivalents1 021.46392.87480.6475.42299.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-25.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.90%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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