KIT COUTURE ApS — Credit Rating and Financial Key Figures

CVR number: 35403787
Vesterbrogade 165, 1800 Frederiksberg C
hey@kitcouture.dk
tel: 31640200
www.kitcouture.dk

Credit rating

Company information

Official name
KIT COUTURE ApS
Personnel
9 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About KIT COUTURE ApS

KIT COUTURE ApS (CVR number: 35403787) is a company from FREDERIKSBERG. The company recorded a gross profit of 1359 kDKK in 2023. The operating profit was -602.3 kDKK, while net earnings were -660.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.8 %, which can be considered poor and Return on Equity (ROE) was -132.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KIT COUTURE ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 653.563 605.01
Gross profit660.281 126.511 334.57292.801 358.99
EBIT106.4690.42- 663.12-1 755.29- 602.30
Net earnings-0.078.44- 628.15-1 729.00- 660.93
Shareholders equity total-3 130.11- 136.04-1 650.8480.00919.07
Balance sheet total (assets)1 527.482 079.822 075.371 542.462 248.75
Net debt4 267.141 308.423 171.41839.88793.89
Profitability
EBIT-%6.4 %2.5 %
ROA2.5 %2.6 %-22.3 %-66.6 %-31.8 %
ROE-0.0 %0.5 %-30.2 %-160.4 %-132.3 %
ROI2.6 %3.1 %-27.9 %-80.1 %-41.4 %
Economic value added (EVA)264.91234.11- 528.07-1 668.13- 602.38
Solvency
Equity ratio-67.2 %-6.1 %-44.3 %5.2 %40.9 %
Gearing-136.8 %-998.9 %-197.2 %1147.8 %93.5 %
Relative net indebtedness %276.8 %58.1 %
Liquidity
Quick ratio0.00.10.10.10.2
Current ratio0.20.70.61.11.4
Cash and cash equivalents15.6950.5383.5878.3365.20
Capital use efficiency
Trade debtors turnover (days)13.611.4
Net working capital %-208.6 %-15.7 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-31.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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