Artes ApS — Credit Rating and Financial Key Figures

CVR number: 38050680
Klokkestøbervej 31 A, 8800 Viborg
kontakt@artes.dk
tel: 31448959
www.artes.dk

Company information

Official name
Artes ApS
Established
2016
Company form
Private limited company
Industry

About Artes ApS

Artes ApS (CVR number: 38050680) is a company from VIBORG. The company recorded a gross profit of 295 kDKK in 2023. The operating profit was 287.7 kDKK, while net earnings were 2716.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.5 %, which can be considered excellent and Return on Equity (ROE) was 72.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Artes ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit44.00242.45206.99295.00
EBIT44.00242.45206.99287.66
Net earnings239.78- 338.482 552.152 716.89
Shareholders equity total211.72- 126.762 425.395 083.38
Balance sheet total (assets)966.49719.493 425.586 432.32
Net debt748.77754.88833.68413.01
Profitability
EBIT-%
ROA28.2 %-28.6 %122.3 %57.5 %
ROE113.3 %-72.7 %162.3 %72.4 %
ROI28.4 %-30.3 %130.1 %64.7 %
Economic value added (EVA)16.4944.00228.05190.70334.55
Solvency
Equity ratio21.9 %-15.0 %70.8 %79.0 %
Gearing353.7 %-595.5 %34.4 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.30.8
Current ratio0.10.40.30.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAA

Variable visualization

ROA:57.5%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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