ART OF WEB ApS

CVR number: 30719662
Strødamvej 38, 2100 København Ø
info@artofweb.dk
tel: 70204470

Credit rating

Company information

Official name
ART OF WEB ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About ART OF WEB ApS

ART OF WEB ApS (CVR number: 30719662) is a company from KØBENHAVN. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 89.9 % (EBIT: 2.3 mDKK), while net earnings were 2011.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.2 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ART OF WEB ApS's liquidity measured by quick ratio was 11.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales2 410.19817.712 947.942 553.652 554.82
Gross profit1 385.33283.791 567.932 228.532 298.02
EBIT52.12-5.791 567.542 228.532 298.02
Net earnings77.5916.781 268.261 636.982 011.73
Shareholders equity total977.23894.232 062.693 599.355 510.65
Balance sheet total (assets)1 702.241 405.762 319.994 052.856 023.86
Net debt-1 413.67-1 314.83-2 208.32-4 032.24-5 989.99
Profitability
EBIT-%2.2 %-0.7 %53.2 %87.3 %89.9 %
ROA5.3 %1.4 %87.5 %66.1 %51.2 %
ROE7.9 %1.8 %85.8 %57.8 %44.2 %
ROI10.1 %2.3 %110.2 %74.4 %56.6 %
Economic value added (EVA)83.9017.421 243.821 745.571 814.21
Solvency
Equity ratio57.4 %63.6 %88.9 %88.8 %91.5 %
Gearing
Relative net indebtedness %-28.6 %-98.2 %-66.2 %-140.1 %-214.4 %
Liquidity
Quick ratio2.32.79.08.911.7
Current ratio2.32.79.08.911.7
Cash and cash equivalents1 413.671 314.832 208.324 032.245 989.99
Capital use efficiency
Trade debtors turnover (days)43.633.813.82.93.3
Net working capital %32.3 %82.1 %60.3 %134.6 %202.4 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:51.2%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.5%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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