Artha Norcod III A/S — Credit Rating and Financial Key Figures

CVR number: 41720077
Strandvejen 58, 2900 Hellerup
administration@arthaholding.dk

Company information

Official name
Artha Norcod III A/S
Established
2020
Company form
Limited company
Industry

About Artha Norcod III A/S

Artha Norcod III A/S (CVR number: 41720077) is a company from GENTOFTE. The company recorded a gross profit of -58.7 kDKK in 2023. The operating profit was -58.7 kDKK, while net earnings were -126.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -123.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Artha Norcod III A/S's liquidity measured by quick ratio was 431.3 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
2021
2022
2023
Volume
Net sales
Gross profit-65.65-58.97-58.65
EBIT-65.65-58.97-58.65
Net earnings101 887.62- 110 026.21- 126 948.53
Shareholders equity total184 387.62166 211.7239 263.19
Balance sheet total (assets)184 478.87166 711.1139 354.44
Net debt- 184 478.87- 166 711.11-39 354.44
Profitability
EBIT-%
ROA57.7 %-0.0 %-0.1 %
ROE55.3 %-62.8 %-123.6 %
ROI57.7 %-0.0 %-0.1 %
Economic value added (EVA)-65.65-54.39-33.56
Solvency
Equity ratio100.0 %99.7 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2 021.7333.8431.3
Current ratio2 021.7333.8431.3
Cash and cash equivalents184 478.87166 711.1139 354.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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