Artmoney ApS — Credit Rating and Financial Key Figures

CVR number: 28899165
Vangedevej 222 B, 2870 Dyssegård
info@artmoney.org
artmoney.org

Company information

Official name
Artmoney ApS
Established
2005
Company form
Private limited company
Industry

About Artmoney ApS

Artmoney ApS (CVR number: 28899165) is a company from GENTOFTE. The company recorded a gross profit of -10.6 kDKK in 2024, demonstrating a decline of 0 % compared to the previous year. The operating profit was -10.6 kDKK, while net earnings were -142 kDKK. The profitability of the company measured by Return on Assets (ROA) was 113.5 %, which can be considered excellent but Return on Equity (ROE) was -224 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.1 %, 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. Artmoney ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales152.26117.13112.3590.10
Gross profit57.74-12.75-14.1424.14-10.59
EBIT48.27-18.00-22.8816.56-10.59
Net earnings48.27-18.36-23.0116.56- 142.02
Shareholders equity total149.07130.72107.71124.272.52
Balance sheet total (assets)197.78162.62133.55139.7861.91
Net debt-71.15-21.66-8.55-14.78-34.75
Profitability
EBIT-%31.7 %-15.4 %-20.4 %18.4 %
ROA27.0 %-10.0 %-15.5 %12.1 %113.5 %
ROE38.6 %-13.1 %-19.3 %14.3 %-224.0 %
ROI38.6 %-12.9 %-19.2 %14.3 %-213.9 %
Economic value added (EVA)43.20-25.49-29.4511.14-16.83
Solvency
Equity ratio75.4 %80.4 %80.6 %88.9 %4.1 %
Gearing
Relative net indebtedness %-14.7 %8.7 %15.4 %0.8 %
Liquidity
Quick ratio1.50.70.31.01.0
Current ratio1.50.70.31.01.0
Cash and cash equivalents71.1521.668.5514.7834.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %15.8 %-8.7 %-15.4 %-0.8 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:113.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.07%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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