FOOD ART ApS — Credit Rating and Financial Key Figures

FOOD ART ApS (CVR number: 38869523) is a company from KØBENHAVN. The company recorded a gross profit of 158.2 kDKK in 2023. The operating profit was -194.2 kDKK, while net earnings were -159.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -19.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOOD ART 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.