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NET-ART ApS — Credit Rating and Financial Key Figures

CVR number: 29308896
Tømmerupvej 75, 2770 Kastrup
Free credit report Annual report

Credit rating

Company information

Official name
NET-ART ApS
Established
2006
Company form
Private limited company
Industry

About NET-ART ApS

NET-ART ApS (CVR number: 29308896) is a company from TÅRNBY. The company recorded a gross profit of 361 kDKK in 2024. The operating profit was -150.5 kDKK, while net earnings were -117.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. NET-ART ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-51.01282.37143.94274.07360.99
EBIT-51.01282.37143.942 530.23- 150.53
Net earnings136.37274.54116.051 873.35- 117.63
Shareholders equity total1 020.481 295.021 411.073 284.423 166.79
Balance sheet total (assets)4 853.384 746.374 779.687 072.106 664.24
Net debt2 525.652 308.632 206.822 265.731 907.06
Profitability
EBIT-%
ROA-1.0 %5.9 %3.0 %42.7 %-2.2 %
ROE14.3 %23.7 %8.6 %79.8 %-3.6 %
ROI-1.3 %6.7 %3.4 %46.3 %-2.3 %
Economic value added (EVA)- 210.9379.91- 109.301 763.93- 454.98
Solvency
Equity ratio21.0 %27.3 %29.5 %46.4 %47.5 %
Gearing262.5 %181.9 %162.0 %72.5 %67.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.1
Current ratio0.10.10.10.00.1
Cash and cash equivalents153.3846.3779.68115.94219.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.19%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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