Artvaerk ApS — Credit Rating and Financial Key Figures

CVR number: 16146641
Thorsgade 59, 2200 København N
tel: 35826020
www.artvaerk.com

Credit rating

Company information

Official name
Artvaerk ApS
Personnel
6 persons
Established
1992
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About Artvaerk ApS

Artvaerk ApS (CVR number: 16146641) is a company from KØBENHAVN. The company recorded a gross profit of 2231.9 kDKK in 2024. The operating profit was 305.5 kDKK, while net earnings were 272.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Artvaerk ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 921.472 800.622 394.571 571.262 231.88
EBIT594.39616.60120.48- 385.92305.47
Net earnings448.68440.0963.46- 420.08272.68
Shareholders equity total692.30684.39267.85- 152.23120.44
Balance sheet total (assets)2 037.262 838.951 948.161 272.611 451.50
Net debt127.04195.83905.07859.6972.74
Profitability
EBIT-%
ROA29.6 %25.3 %5.1 %-22.9 %21.6 %
ROE66.3 %63.9 %13.3 %-54.5 %39.1 %
ROI47.8 %43.4 %7.8 %-31.7 %34.7 %
Economic value added (EVA)443.97434.7269.16- 387.20314.22
Solvency
Equity ratio34.0 %24.1 %13.7 %-10.7 %8.3 %
Gearing72.2 %131.9 %455.1 %-614.8 %606.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.90.70.40.8
Current ratio1.30.90.70.40.8
Cash and cash equivalents372.65707.19314.0376.20657.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.30%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

Companies in the same industry

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