Artvaerk ApS

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

Credit rating

Company information

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

About the company

Artvaerk ApS (CVR number: 16146641) is a company from KØBENHAVN. The company recorded a gross profit of 1571.3 kDKK in 2023. The operating profit was -385.9 kDKK, while net earnings were -420.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.9 %, which can be considered poor and Return on Equity (ROE) was -54.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Artvaerk ApS's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit2 536.681 921.472 800.622 394.571 571.26
EBIT590.38594.39616.60120.48- 385.92
Net earnings418.47448.68440.0963.46- 420.08
Shareholders equity total662.10692.30684.39267.85- 152.23
Balance sheet total (assets)2 000.782 037.262 838.951 948.161 272.61
Net debt- 164.61127.04195.83905.07859.69
Profitability
EBIT-%
ROA32.4 %29.6 %25.3 %5.1 %-22.9 %
ROE60.8 %66.3 %63.9 %13.3 %-54.5 %
ROI58.0 %47.8 %43.4 %7.8 %-31.7 %
Economic value added (EVA)453.78443.97434.7269.16- 387.20
Solvency
Equity ratio33.1 %34.0 %24.1 %13.7 %-10.7 %
Gearing80.8 %72.2 %131.9 %455.1 %-614.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.30.90.70.4
Current ratio1.41.30.90.70.4
Cash and cash equivalents699.69372.65707.19314.0376.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-22.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.7%
Rating: 0/100
-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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