ARTIST GROUP ApS — Credit Rating and Financial Key Figures

ARTIST GROUP ApS (CVR number: 33049315) is a company from HERNING. The company recorded a gross profit of 314 kDKK in 2023. The operating profit was 61.5 kDKK, while net earnings were 40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARTIST GROUP 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.