Art Tide ApS — Credit Rating and Financial Key Figures

Art Tide ApS (CVR number: 39596474) is a company from TØNDER. The company recorded a gross profit of 240.4 kDKK in 2023. The operating profit was 42.5 kDKK, while net earnings were 30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 62.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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 Tide ApS's liquidity measured by quick ratio was 1.4 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.