Artha Cargo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Artha Cargo A/S
Artha Cargo A/S (CVR number: 37377139K) is a company from GENTOFTE. The company recorded a gross profit of 14.5 mDKK in 2024. The operating profit was -4133.4 kDKK, while net earnings were -2227 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Artha Cargo A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23 115.01 | 31 666.55 | 36 027.96 | 17 188.76 | 14 505.37 |
EBIT | 5 504.33 | 13 501.60 | 16 274.26 | -1 968.60 | -4 133.45 |
Net earnings | 3 076.92 | 10 165.71 | 12 165.41 | - 844.43 | -2 227.04 |
Shareholders equity total | 35 721.61 | 46 283.02 | 57 552.41 | 54 393.74 | 51 782.80 |
Balance sheet total (assets) | 53 885.90 | 59 183.82 | 74 913.26 | 59 193.68 | 59 602.19 |
Net debt | -24 840.48 | -18 945.08 | -19 312.18 | -5 593.10 | -3 642.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.0 % | 24.1 % | 25.4 % | 0.0 % | -2.6 % |
ROE | 9.1 % | 25.7 % | 25.2 % | -1.6 % | -4.4 % |
ROI | 16.7 % | 32.9 % | 32.8 % | 0.1 % | -2.9 % |
Economic value added (EVA) | 1 545.46 | 8 750.11 | 9 819.23 | -4 292.51 | -8 152.30 |
Solvency | |||||
Equity ratio | 67.0 % | 78.7 % | 77.2 % | 92.5 % | 87.6 % |
Gearing | 1.9 % | 1.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.8 | 2.1 | 2.7 | 1.8 |
Current ratio | 2.2 | 3.7 | 2.0 | 2.5 | 1.7 |
Cash and cash equivalents | 25 511.26 | 18 945.08 | 19 312.18 | 5 593.10 | 4 611.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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