Cutlass Menswear IVS

CVR number: 37362972
Svaneparken 279 C, 7430 Ikast
frederikborum@hotmail.com
tel: 51886423

Credit rating

Company information

Official name
Cutlass Menswear IVS
Established
2016
Company form
Entrepreneurial limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

Cutlass Menswear IVS (CVR number: 37362972) is a company from IKAST-BRANDE. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Cutlass Menswear IVS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales10.7320.361.94
Gross profit-15.781.22-11.93-6.42
EBIT-15.781.22-11.93-6.42
Net earnings-15.781.22-11.93-6.42
Shareholders equity total11.7814.042.30
Balance sheet total (assets)23.3515.752.30
Net debt-14.13-15.75-2.30
Profitability
EBIT-%-147.0 %6.0 %-615.7 %
ROA-67.6 %6.2 %-132.2 %-558.6 %
ROE-134.0 %9.4 %-146.1 %-558.6 %
ROI-75.1 %6.9 %-146.1 %-558.6 %
Economic value added (EVA)-15.781.34-11.85-6.42
Solvency
Equity ratio50.4 %89.1 %100.0 %
Gearing
Relative net indebtedness %-109.7 %-69.0 %-118.5 %
Liquidity
Quick ratio6.09.2
Current ratio9.99.2
Cash and cash equivalents14.1315.752.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %195.7 %69.0 %118.5 %
Credit risk
Credit ratingBCCCC

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