Fit Cuffs ApS

CVR number: 40616586
Højgaardsvej 9, 8300 Odder
info@fitcuffs.com
tel: 31356869
fitcuffs.com

Credit rating

Company information

Official name
Fit Cuffs ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About Fit Cuffs ApS

Fit Cuffs ApS (CVR number: 40616586) is a company from ODDER. The company recorded a gross profit of 162.2 kDKK in 2023. The operating profit was 162.2 kDKK, while net earnings were 174.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fit Cuffs ApS's liquidity measured by quick ratio was 18.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales346.56431.13440.31
Gross profit215.63121.21195.46227.15162.20
EBIT215.63121.21195.46227.15162.20
Net earnings166.6369.62166.68130.65174.78
Shareholders equity total206.63276.25465.15577.20751.98
Balance sheet total (assets)287.98368.77500.54608.05788.25
Net debt- 284.43- 325.22- 480.54- 583.05- 659.57
Profitability
EBIT-%62.2 %28.1 %44.4 %
ROA74.9 %36.9 %49.5 %41.0 %29.0 %
ROE80.6 %28.8 %45.0 %25.1 %26.3 %
ROI104.4 %50.2 %58.0 %43.6 %30.5 %
Economic value added (EVA)168.1973.91154.93177.97141.07
Solvency
Equity ratio71.8 %74.9 %92.9 %94.9 %95.4 %
Gearing
Relative net indebtedness %-58.6 %-54.0 %-101.1 %
Liquidity
Quick ratio3.53.513.618.918.2
Current ratio3.54.014.119.721.7
Cash and cash equivalents284.43325.22480.54583.05659.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %59.6 %6.1 %10.4 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-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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