Artha Norcod A/S — Credit Rating and Financial Key Figures

CVR number: 40831843
Strandvejen 58, 2900 Hellerup
administration@arthaholding.dk
tel: 70250005

Company information

Official name
Artha Norcod A/S
Established
2019
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings72 451.44-18 017.97- 128 373.93- 107 324.64
Shareholders equity total100 951.44268 902.54140 528.6133 203.97
Balance sheet total (assets)117 093.32269 077.43141 002.9533 295.22
Net debt- 117 093.32- 269 077.43- 141 002.95-33 295.22
Profitability
EBIT-%
ROA78.2 %-0.3 %-0.1 %-0.1 %
ROE71.8 %-9.7 %-62.7 %-123.6 %
ROI90.7 %-0.3 %-0.1 %-0.1 %
Economic value added (EVA)- 100.03315.32- 240.12-67.97
Solvency
Equity ratio86.2 %99.9 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.31 538.6297.3364.9
Current ratio7.31 538.6297.3364.9
Cash and cash equivalents117 093.32269 077.43141 002.9533 295.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.11%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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