NET-ART ApS — Credit Rating and Financial Key Figures

CVR number: 29308896
Tømmerupvej 75, 2770 Kastrup

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 274.1 kDKK in 2023. The operating profit was 2530.2 kDKK, while net earnings were 1873.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.7 %, which can be considered excellent and Return on Equity (ROE) was 79.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.20-51.01282.37143.94274.07
EBIT1 373.80-51.01282.37143.942 530.23
Net earnings498.22136.37274.54116.051 873.35
Shareholders equity total884.111 020.481 295.021 411.073 284.42
Balance sheet total (assets)5 284.514 853.384 746.374 779.687 072.10
Net debt1 999.192 525.652 308.632 206.822 265.73
Profitability
EBIT-%
ROA27.5 %-1.0 %5.9 %3.0 %42.7 %
ROE78.5 %14.3 %23.7 %8.6 %79.8 %
ROI42.9 %-1.3 %6.7 %3.4 %46.3 %
Economic value added (EVA)863.49- 176.51147.62-63.811 805.73
Solvency
Equity ratio16.7 %21.0 %27.3 %29.5 %46.4 %
Gearing230.5 %262.5 %181.9 %162.0 %72.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.10.10.0
Current ratio0.30.10.10.10.0
Cash and cash equivalents38.68153.3846.3779.68115.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:42.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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