STATE OF ART SCANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 30731913
Damhaven 5 C, 7100 Vejle
daan@stateofart.com
tel: 22251968
Free credit report Annual report

Company information

Official name
STATE OF ART SCANDINAVIA A/S
Established
2007
Company form
Limited company
Industry

About STATE OF ART SCANDINAVIA A/S

STATE OF ART SCANDINAVIA A/S (CVR number: 30731913) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -148.2 kDKK, while net earnings were -140.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STATE OF ART SCANDINAVIA A/S's liquidity measured by quick ratio was 54.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 104.72- 109.82
EBIT- 104.72- 110.08-91.54- 100.97- 148.18
Net earnings- 108.06- 178.14- 159.30- 135.99- 140.64
Shareholders equity total2 291.902 190.672 031.371 895.381 754.75
Balance sheet total (assets)2 348.582 253.602 060.051 947.181 787.69
Net debt-28.75-51.33- 520.83- 576.92-25.94
Profitability
EBIT-%
ROA-3.8 %-7.7 %-7.2 %-6.4 %-7.5 %
ROE-4.5 %-7.9 %-7.5 %-6.9 %-7.7 %
ROI-3.9 %-7.9 %-7.4 %-6.6 %-7.7 %
Economic value added (EVA)- 230.76- 225.24- 201.62- 203.04- 243.98
Solvency
Equity ratio97.6 %97.2 %98.6 %97.3 %98.2 %
Gearing0.6 %
Relative net indebtedness %
Liquidity
Quick ratio14.611.570.837.654.3
Current ratio14.611.570.837.654.3
Cash and cash equivalents28.7551.33520.83587.9725.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-7.53%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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