Mazing Clothing DK ApS — Credit Rating and Financial Key Figures

CVR number: 39134241
Thrigesvej 27, 7430 Ikast

Company information

Official name
Mazing Clothing DK ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Mazing Clothing DK ApS

Mazing Clothing DK ApS (CVR number: 39134241) is a company from IKAST-BRANDE. The company recorded a gross profit of 156.1 kDKK in 2021. The operating profit was 156.1 kDKK, while net earnings were -117.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mazing Clothing DK 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-52.47618.94- 225.13156.11
EBIT-52.47196.14- 378.67156.11
Net earnings28.14-84.30- 161.66- 117.54
Shareholders equity total78.14-6.16- 167.82- 285.36
Balance sheet total (assets)1 711.304 014.884 063.512 027.27
Net debt1 375.272 511.643 588.611 690.30
Profitability
EBIT-%
ROA2.6 %7.2 %-3.4 %5.1 %
ROE36.0 %-4.1 %-4.0 %-3.9 %
ROI3.0 %10.1 %-4.4 %6.1 %
Economic value added (EVA)-39.55192.65- 373.10168.61
Solvency
Equity ratio4.6 %-0.2 %-4.0 %-12.3 %
Gearing1771.0 %-42466.5 %-2186.7 %-620.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.50.2
Current ratio1.01.01.00.9
Cash and cash equivalents8.62104.7281.0281.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.09%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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