AART ARCHITECTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AART ARCHITECTS A/S
AART ARCHITECTS A/S (CVR number: 25686705K) is a company from AARHUS. The company reported a net sales of 273.1 mDKK in 2024, demonstrating a decline of -6.7 % compared to the previous year. The operating profit percentage was poor at -1.4 % (EBIT: -3.8 mDKK), while net earnings were -5019.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. AART ARCHITECTS A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 121.81 | 146.97 | 239.22 | 292.69 | 273.13 |
Gross profit | 88.45 | 103.74 | 159.34 | 188.91 | 167.27 |
EBIT | 4.87 | 9.32 | 7.37 | 5.10 | -3.82 |
Net earnings | 3.52 | 7.24 | 3.45 | 2.40 | -5.02 |
Shareholders equity total | 21.86 | 28.02 | 31.31 | 36.27 | 28.96 |
Balance sheet total (assets) | 63.14 | 72.84 | 136.24 | 132.90 | 124.90 |
Net debt | -5.52 | 0.67 | 21.71 | 19.63 | 24.06 |
Profitability | |||||
EBIT-% | 4.0 % | 6.3 % | 3.1 % | 1.7 % | -1.4 % |
ROA | 6.7 % | 14.0 % | 7.4 % | 4.0 % | -2.8 % |
ROE | 16.9 % | 29.8 % | 12.3 % | 8.4 % | -20.2 % |
ROI | 14.2 % | 29.5 % | 13.7 % | 7.1 % | -4.9 % |
Economic value added (EVA) | 2.42 | 6.46 | 3.18 | 0.97 | -5.75 |
Solvency | |||||
Equity ratio | 34.6 % | 38.5 % | 23.0 % | 27.3 % | 23.2 % |
Gearing | 0.7 % | 7.5 % | 91.7 % | 57.4 % | 86.0 % |
Relative net indebtedness % | 24.5 % | 25.1 % | 33.9 % | 26.2 % | 28.1 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.4 | 1.4 | 1.3 |
Current ratio | 1.5 | 1.7 | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 5.67 | 1.43 | 6.99 | 1.17 | 0.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 104.4 | 116.8 | 98.2 | 82.9 | 89.7 |
Net working capital % | 14.0 % | 16.3 % | 12.2 % | 9.4 % | 8.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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