Art Glass Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 38206818
Rørholmsgade 21, 1352 København K
artglasscopenhagen@gmail.com

Credit rating

Company information

Official name
Art Glass Copenhagen ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry

About Art Glass Copenhagen ApS

Art Glass Copenhagen ApS (CVR number: 38206818) is a company from KØBENHAVN. The company recorded a gross profit of 1150.8 kDKK in 2023. The operating profit was 346.7 kDKK, while net earnings were 269.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 39.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Art Glass Copenhagen ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit550.3165.84548.491 050.251 150.79
EBIT253.81-8.23184.23372.04346.73
Net earnings190.9634.17161.14283.86269.53
Shareholders equity total456.69382.86436.00605.47757.20
Balance sheet total (assets)871.24581.601 103.951 079.841 327.68
Net debt- 578.58- 219.80- 576.29- 867.57-1 148.72
Profitability
EBIT-%
ROA35.0 %7.1 %25.4 %34.1 %28.8 %
ROE46.0 %8.1 %39.4 %54.5 %39.6 %
ROI49.1 %9.9 %39.9 %57.4 %50.7 %
Economic value added (EVA)198.2210.58131.89305.43282.90
Solvency
Equity ratio52.4 %65.8 %39.5 %56.1 %57.0 %
Gearing43.9 %0.7 %58.1 %0.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.91.32.02.1
Current ratio2.12.91.62.22.3
Cash and cash equivalents779.00222.30829.79869.401 152.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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