CUTZ ApS — Credit Rating and Financial Key Figures

CVR number: 31588359
Nørregade 25, 8700 Horsens
tel: 75618011

Credit rating

Company information

Official name
CUTZ ApS
Personnel
6 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon962100

About CUTZ ApS

CUTZ ApS (CVR number: 31588359) is a company from HORSENS. The company recorded a gross profit of 1929.9 kDKK in 2023. The operating profit was 321.5 kDKK, while net earnings were 250.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent and Return on Equity (ROE) was 67 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. CUTZ ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 520.002 061.002 011.002 105.161 929.88
EBIT583.00385.00395.00306.23321.49
Net earnings456.00302.00312.00246.63250.92
Shareholders equity total738.00640.00552.00398.24350.33
Balance sheet total (assets)1 393.001 240.001 133.001 078.02978.41
Net debt- 822.00- 692.00- 375.00- 532.02- 841.99
Profitability
EBIT-%
ROA44.6 %29.7 %34.0 %28.8 %31.3 %
ROE64.2 %43.8 %52.3 %51.9 %67.0 %
ROI82.2 %56.5 %61.3 %55.2 %71.6 %
Economic value added (EVA)452.98303.89310.71229.99257.50
Solvency
Equity ratio53.0 %51.6 %48.7 %36.9 %35.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.71.72.11.51.6
Current ratio1.91.92.31.71.7
Cash and cash equivalents822.00692.00375.00532.02841.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.8%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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