ARS LONGA A/S
Credit rating
Company information
About ARS LONGA A/S
ARS LONGA A/S (CVR number: 27680704) is a company from KØBENHAVN. The company recorded a gross profit of -110.7 kDKK in 2023. The operating profit was -585.7 kDKK, while net earnings were 1728.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARS LONGA A/S's liquidity measured by quick ratio was 81.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -49.11 | -52.51 | -70.24 | -97.00 | - 110.66 |
EBIT | - 418.89 | - 465.07 | - 477.92 | - 572.00 | - 585.66 |
Net earnings | 1 909.59 | 1 336.97 | 4 207.32 | -2 161.45 | 1 728.77 |
Shareholders equity total | 19 485.06 | 19 322.03 | 20 029.35 | 16 367.90 | 16 596.66 |
Balance sheet total (assets) | 20 005.83 | 19 823.58 | 20 652.24 | 16 549.73 | 16 799.38 |
Net debt | -14 694.55 | -13 749.24 | -14 912.40 | -15 534.69 | -16 059.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.9 % | 8.7 % | 23.3 % | -1.6 % | 15.4 % |
ROE | 10.3 % | 6.9 % | 21.4 % | -11.9 % | 10.5 % |
ROI | 13.1 % | 9.0 % | 23.8 % | -2.2 % | 15.6 % |
Economic value added (EVA) | - 337.74 | - 356.74 | - 407.00 | - 439.49 | - 481.72 |
Solvency | |||||
Equity ratio | 97.4 % | 97.5 % | 97.0 % | 98.9 % | 98.8 % |
Gearing | 1.9 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 29.1 | 29.8 | 25.3 | 89.6 | 81.2 |
Current ratio | 29.1 | 29.8 | 25.3 | 89.6 | 81.2 |
Cash and cash equivalents | 14 694.55 | 13 749.24 | 15 292.06 | 15 542.15 | 16 066.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | A |
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