Artha Norcod A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Artha Norcod A/S
Artha Norcod A/S (CVR number: 40831843) is a company from GENTOFTE. The company recorded a gross profit of -91.8 kDKK in 2023. The operating profit was -91.8 kDKK, while net earnings were -107.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -123.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Artha Norcod A/S's liquidity measured by quick ratio was 364.9 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 122.22 | - 494.01 | - 248.90 | -91.81 |
EBIT | - 122.22 | - 494.01 | - 248.90 | -91.81 |
Net earnings | 72 451.44 | -18 017.97 | - 128 373.93 | - 107 324.64 |
Shareholders equity total | 100 951.44 | 268 902.54 | 140 528.61 | 33 203.97 |
Balance sheet total (assets) | 117 093.32 | 269 077.43 | 141 002.95 | 33 295.22 |
Net debt | - 117 093.32 | - 269 077.43 | - 141 002.95 | -33 295.22 |
Profitability | ||||
EBIT-% | ||||
ROA | 78.2 % | -0.3 % | -0.1 % | -0.1 % |
ROE | 71.8 % | -9.7 % | -62.7 % | -123.6 % |
ROI | 90.7 % | -0.3 % | -0.1 % | -0.1 % |
Economic value added (EVA) | - 100.03 | 315.32 | - 240.12 | -67.97 |
Solvency | ||||
Equity ratio | 86.2 % | 99.9 % | 99.7 % | 99.7 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 7.3 | 1 538.6 | 297.3 | 364.9 |
Current ratio | 7.3 | 1 538.6 | 297.3 | 364.9 |
Cash and cash equivalents | 117 093.32 | 269 077.43 | 141 002.95 | 33 295.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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