ARTEMIDE SCANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 29167044
Bredgade 77, 1260 København K
info@artemide.dk
tel: 70201700
www.artemide.com
Free credit report Annual report

Credit rating

Company information

Official name
ARTEMIDE SCANDINAVIA A/S
Personnel
5 persons
Established
2005
Company form
Limited company
Industry

About ARTEMIDE SCANDINAVIA A/S

ARTEMIDE SCANDINAVIA A/S (CVR number: 29167044) is a company from KØBENHAVN. The company recorded a gross profit of 6749.1 kDKK in 2024. The operating profit was 1703.8 kDKK, while net earnings were 1677.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 79.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ARTEMIDE SCANDINAVIA A/S'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.

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 profit2 239.624 656.305 860.243 846.366 749.08
EBIT-1 479.05-32.901 671.99- 683.541 703.80
Net earnings-1 536.98- 127.561 662.64- 644.381 677.32
Shareholders equity total-2 630.21242.231 904.871 260.482 937.80
Balance sheet total (assets)7 271.118 087.346 973.119 433.407 615.89
Net debt6 183.862 427.331 727.613 146.48- 475.11
Profitability
EBIT-%
ROA-15.3 %-0.4 %22.7 %-7.1 %20.1 %
ROE-23.2 %-3.4 %154.9 %-40.7 %79.9 %
ROI-19.6 %-0.5 %36.6 %-10.8 %29.9 %
Economic value added (EVA)-1 743.04- 260.761 389.97- 957.051 326.23
Solvency
Equity ratio-26.6 %3.0 %27.3 %13.4 %38.6 %
Gearing-279.6 %2057.7 %116.4 %436.2 %61.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.91.21.11.4
Current ratio0.71.01.41.11.6
Cash and cash equivalents1 170.752 557.06489.952 352.062 266.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.6%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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