ARTE GLASBYG ApS

CVR number: 14806008
Svinget 8, 6900 Skjern
tel: 97351792

Credit rating

Company information

Official name
ARTE GLASBYG ApS
Personnel
5 persons
Established
1990
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ARTE GLASBYG ApS

ARTE GLASBYG ApS (CVR number: 14806008) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3422.8 kDKK in 2023. The operating profit was 495.2 kDKK, while net earnings were 369.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ARTE GLASBYG ApS's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 198.992 420.882 721.533 324.953 422.80
EBIT289.87403.13494.97927.03495.16
Net earnings190.40292.34373.43695.75369.71
Shareholders equity total1 882.861 975.212 048.632 394.382 074.09
Balance sheet total (assets)3 489.064 571.884 098.714 865.324 948.60
Net debt-1 171.39- 661.44- 116.03- 109.51-1 699.50
Profitability
EBIT-%
ROA6.8 %10.1 %11.8 %20.7 %10.5 %
ROE9.3 %15.2 %18.6 %31.3 %16.5 %
ROI8.2 %13.3 %15.1 %25.0 %13.0 %
Economic value added (EVA)332.53323.64380.67694.84342.50
Solvency
Equity ratio54.0 %43.2 %50.0 %49.2 %41.9 %
Gearing48.0 %61.2 %67.0 %59.2 %91.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.41.71.71.5
Current ratio2.01.41.71.71.5
Cash and cash equivalents2 074.951 869.431 488.461 526.433 596.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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