ArtByg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ArtByg ApS
ArtByg ApS (CVR number: 39467070) is a company from HVIDOVRE. The company recorded a gross profit of 1190.7 kDKK in 2024. The operating profit was -28.4 kDKK, while net earnings were -27.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ArtByg ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 480.15 | 1 121.01 | 1 157.46 | 1 549.65 | 1 190.69 |
EBIT | -93.39 | 599.10 | 449.55 | 551.12 | -28.42 |
Net earnings | -73.79 | 465.27 | 345.52 | 422.08 | -27.14 |
Shareholders equity total | - 103.59 | 361.67 | 507.19 | 579.28 | 152.14 |
Balance sheet total (assets) | 572.11 | 830.61 | 734.06 | 1 088.78 | 416.32 |
Net debt | -48.65 | - 374.87 | - 490.87 | - 514.19 | -84.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.1 % | 79.5 % | 57.5 % | 60.5 % | -4.0 % |
ROE | -16.4 % | 99.7 % | 79.5 % | 77.7 % | -7.4 % |
ROI | -66.9 % | 188.9 % | 84.3 % | 82.8 % | -5.5 % |
Economic value added (EVA) | -63.34 | 481.30 | 356.36 | 432.60 | -17.06 |
Solvency | |||||
Equity ratio | -15.3 % | 43.5 % | 69.1 % | 53.2 % | 36.5 % |
Gearing | -143.0 % | 34.4 % | 14.4 % | 29.6 % | 120.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.8 | 3.2 | 2.1 | 1.4 |
Current ratio | 0.8 | 1.8 | 3.2 | 2.1 | 1.4 |
Cash and cash equivalents | 196.76 | 499.25 | 564.14 | 685.56 | 267.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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