ARTE GLASBYG ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
ARTE GLASBYG ApS
Personnel
5 persons
Established
1990
Company form
Private limited company
Industry

About ARTE GLASBYG ApS

ARTE GLASBYG ApS (CVR number: 14806008) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3157.1 kDKK in 2024. The operating profit was 723.1 kDKK, while net earnings were 537.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 420.882 721.533 324.953 422.803 157.12
EBIT403.13494.97927.03495.16723.11
Net earnings292.34373.43695.75369.71537.16
Shareholders equity total1 975.212 048.632 394.382 074.092 261.25
Balance sheet total (assets)4 571.884 098.714 865.324 948.604 070.31
Net debt- 661.44- 116.03- 109.51-1 699.50- 480.13
Profitability
EBIT-%
ROA10.1 %11.8 %20.7 %10.5 %16.3 %
ROE15.2 %18.6 %31.3 %16.5 %24.8 %
ROI13.3 %15.1 %25.0 %13.0 %19.4 %
Economic value added (EVA)171.96221.54546.09189.22359.40
Solvency
Equity ratio43.2 %50.0 %49.2 %41.9 %55.6 %
Gearing61.2 %67.0 %59.2 %91.5 %51.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.71.52.0
Current ratio1.41.71.71.52.0
Cash and cash equivalents1 869.431 488.461 526.433 596.611 635.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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