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AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S) — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUTOFORUM RACING TEAM SILKEBORG A/S (A.R.T.S)
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 -214.7 kDKK in 2025. The operating profit was -462.5 kDKK, while net earnings were -338.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.6 %, which can be considered poor and Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, 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 84 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.15 | 318.95 | 252.46 | 240.16 | - 214.68 |
| EBIT | - 186.84 | 270.87 | 223.28 | 210.98 | - 462.50 |
| Net earnings | - 146.90 | 229.59 | 232.35 | 336.41 | - 338.83 |
| Shareholders equity total | 581.20 | 810.79 | 1 043.14 | 1 379.55 | 1 040.72 |
| Balance sheet total (assets) | 591.20 | 851.29 | 1 077.21 | 1 389.55 | 1 050.72 |
| Net debt | - 223.59 | - 590.27 | - 892.10 | -1 133.37 | - 555.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -27.0 % | 37.7 % | 23.4 % | 18.3 % | -35.6 % |
| ROE | -22.4 % | 33.0 % | 25.1 % | 27.8 % | -28.0 % |
| ROI | -28.4 % | 38.2 % | 23.7 % | 18.5 % | -35.9 % |
| Economic value added (EVA) | - 182.67 | 204.14 | 187.35 | 96.17 | - 430.06 |
| Solvency | |||||
| Equity ratio | 98.3 % | 95.2 % | 96.8 % | 99.3 % | 99.0 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 31.1 | 71.3 | 96.8 | 130.9 | 84.0 |
| Current ratio | 31.1 | 71.3 | 96.8 | 130.9 | 84.0 |
| Cash and cash equivalents | 223.59 | 590.27 | 892.10 | 1 133.37 | 555.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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