ART & PHOTO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 0.42 | 425.16 | 154.19 | 150.36 | 2.27 |
EBIT | -67.89 | 349.86 | 88.69 | 79.63 | -65.09 |
Net earnings | - 174.55 | 250.28 | 177.09 | 40.24 | -82.20 |
Shareholders equity total | 593.69 | 843.97 | 1 021.06 | 1 061.31 | 979.11 |
Balance sheet total (assets) | 727.43 | 1 292.01 | 1 421.87 | 2 063.46 | 2 040.48 |
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) | -53.96 | 259.41 | 75.01 | 46.97 | -38.46 |
Solvency | |||||
Equity ratio | 81.6 % | 65.3 % | 71.8 % | 51.4 % | 48.0 % |
Gearing | 19.9 % | 44.5 % | 38.3 % | 91.0 % | 106.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 2.6 | 2.6 | 1.7 | 1.6 |
Current ratio | 5.3 | 2.9 | 3.5 | 2.1 | 1.9 |
Cash and cash equivalents | 532.07 | 1 083.59 | 725.28 | 1 328.96 | 1 566.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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