Cuttles ApS — Credit Rating and Financial Key Figures

Cuttles ApS (CVR number: 39868865) is a company from GLADSAXE. The company recorded a gross profit of 159.8 kDKK in 2023. The operating profit was -462.2 kDKK, while net earnings were -722.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26 %, which can be considered poor and Return on Equity (ROE) was -108.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -70.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Cuttles ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.