AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S)

CVR number: 29225117
Bredhøjvej 2, 8600 Silkeborg

Credit rating

Company information

Official name
AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S)
Established
2005
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S) (CVR number: 29225117) is a company from SILKEBORG. The company recorded a gross profit of 252.5 kDKK in 2023. The operating profit was 223.3 kDKK, while net earnings were 232.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S)'s liquidity measured by quick ratio was 96.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit73.0895.73-6.15318.95252.46
EBIT-93.83- 101.29- 186.84270.87223.28
Net earnings-76.32-80.51- 146.90229.59232.35
Shareholders equity total808.61728.10581.20810.791 043.14
Balance sheet total (assets)857.72794.77591.20851.291 077.21
Net debt-76.83- 263.80- 223.59- 590.27- 892.10
Profitability
EBIT-%
ROA-14.8 %-12.2 %-27.0 %37.7 %23.4 %
ROE-12.8 %-10.5 %-22.4 %33.0 %25.1 %
ROI-15.1 %-12.7 %-28.4 %38.2 %23.7 %
Economic value added (EVA)-89.47- 114.32- 168.88215.38218.54
Solvency
Equity ratio94.3 %91.6 %98.3 %95.2 %96.8 %
Gearing3.2 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.94.931.171.396.8
Current ratio4.94.931.171.396.8
Cash and cash equivalents103.10267.23223.59590.27892.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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