ART & PHOTO ApS — Credit Rating and Financial Key Figures

CVR number: 21602000
Hornegyden 17, 5600 Faaborg
info@artandphoto.dk
tel: 23378165
www.artandphoto.dk

Credit rating

Company information

Official name
ART & PHOTO ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ART & PHOTO ApS

ART & PHOTO ApS (CVR number: 21602000) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 2.3 kDKK in 2023. The operating profit was -65.1 kDKK, while net earnings were -82.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48 %, 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. ART & PHOTO ApS's liquidity measured by quick ratio was 1.6 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.

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 profit0.42425.16154.19150.362.27
EBIT-67.89349.8688.6979.63-65.09
Net earnings- 174.55250.28177.0940.24-82.20
Shareholders equity total593.69843.971 021.061 061.31979.11
Balance sheet total (assets)727.431 292.011 421.872 063.462 040.48
Net debt- 413.73- 707.92- 333.98- 362.75- 521.77
Profitability
EBIT-%
ROA-8.4 %34.6 %6.6 %4.6 %-3.1 %
ROE-25.6 %34.8 %19.0 %3.9 %-8.1 %
ROI-8.5 %36.2 %6.8 %4.6 %-3.1 %
Economic value added (EVA)-53.96259.4175.0146.97-38.46
Solvency
Equity ratio81.6 %65.3 %71.8 %51.4 %48.0 %
Gearing19.9 %44.5 %38.3 %91.0 %106.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.42.62.61.71.6
Current ratio5.32.93.52.11.9
Cash and cash equivalents532.071 083.59725.281 328.961 566.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.07%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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