Art Matter Live ApS

CVR number: 38512773
Strandgade 27 B, 1401 København K
jan@artmatter.dk
tel: 31715313

Credit rating

Company information

Official name
Art Matter Live ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon85Education

About the company

Art Matter Live ApS (CVR number: 38512773) is a company from KØBENHAVN. The company recorded a gross profit of 462.3 kDKK in 2023. The operating profit was 44.4 kDKK, while net earnings were 25.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.2 %, 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. Art Matter Live 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit475.11415.80691.87409.53462.28
EBIT0.93- 205.47121.92-47.7744.43
Net earnings-21.83- 160.8891.47-39.6825.60
Shareholders equity total99.44-61.4530.02-9.6615.95
Balance sheet total (assets)425.00547.90522.49288.01495.39
Net debt79.83- 301.7613.26- 167.99189.91
Profitability
EBIT-%
ROA0.2 %-39.7 %21.5 %-11.6 %11.2 %
ROE-19.8 %-49.7 %31.7 %-25.0 %16.8 %
ROI0.3 %-105.4 %58.5 %-29.9 %22.3 %
Economic value added (EVA)0.87- 160.26118.88-25.6835.72
Solvency
Equity ratio23.4 %-10.1 %5.7 %-3.2 %3.2 %
Gearing180.3 %-180.8 %918.5 %-139.5 %2313.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.91.11.01.0
Current ratio1.00.91.11.01.0
Cash and cash equivalents99.49412.83262.46181.46179.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.22%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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