New Artbeat ApS — Credit Rating and Financial Key Figures

New Artbeat ApS (CVR number: 41717750) is a company from SVENDBORG. The company recorded a gross profit of 2 kDKK in 2022. The operating profit was 2 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. New Artbeat ApS's liquidity measured by quick ratio was 2.6 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.