Art Glass Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 38206818
Rørholmsgade 21, 1352 København K
artglasscopenhagen@gmail.com
Free credit report Annual report

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 1211.2 kDKK in 2024. The operating profit was 259.8 kDKK, while net earnings were 202.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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 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 profit65.84548.491 050.251 150.791 211.24
EBIT-8.23184.23372.04346.73259.77
Net earnings34.17161.14283.86269.53202.08
Shareholders equity total382.86436.00605.47757.20837.28
Balance sheet total (assets)581.601 103.951 079.841 327.681 439.33
Net debt- 219.80- 576.29- 867.57-1 148.72-1 176.33
Profitability
EBIT-%
ROA7.1 %25.4 %34.1 %28.8 %18.8 %
ROE8.1 %39.4 %54.5 %39.6 %25.3 %
ROI9.9 %39.9 %57.4 %50.7 %32.4 %
Economic value added (EVA)-38.63120.60251.00239.12164.11
Solvency
Equity ratio65.8 %39.5 %56.1 %57.0 %58.2 %
Gearing0.7 %58.1 %0.3 %0.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.32.02.12.0
Current ratio2.91.62.22.32.4
Cash and cash equivalents222.30829.79869.401 152.571 181.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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