MEN'S CUT ApS: Financial statements 2020
CVR: 20837241
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
MEN'S CUT ApS (CVR 20837241) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 4,038,876 and a net result of DKK 368,590 compared with DKK -220,671 the year before. That is an increase of 12.1% compared with the year before. Equity in the 2020 report amounted to DKK 529,323. The solvency ratio was 10.8%. The company had 10 employees in the financial year.
- Gross Profit
- DKK 4,038,876
- Profit/Loss
- DKK 368,590
- Equity
- DKK 529,323
- Total Assets
- DKK 4,883,790
- Employees
- 10
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 4 mio. | 369 t. | 529 t. | 10 |
| 2019 | - | 3.6 mio. | -221 t. | 161 t. | 11 |
| 2018 | - | 3.8 mio. | 10 t. | 381 t. | - |
| 2017 | - | 3.3 mio. | -166 t. | 391 t. | - |
| 2016 | - | 3.4 mio. | -426 t. | 465 t. | - |
Official annual report
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MEN'S CUT ApS has published its annual report for 2019. Gross profit came to DKK 3,603,719, and the net result was DKK -220,671.
About MEN'S CUT ApS
MEN'S CUT ApS is a Danish company of the type Anpartsselskab based in Sønderborg, founded in 1998. The company is registered under the industry Drift af frisør- og barbersaloner. The company was previously named KRAG SCHMIDT ApS. The management consists of Lars Schmidt. The company is owned by Lars Schmidt and Lena Bergitte Schmidt. The company has 10 employees (2026). In 2025, the company reported a gross profit of DKK 3,693,834 and a net result of DKK 116,873 compared with DKK 116,509 the year before. Equity in the 2025 report amounted to DKK 1,559,543.