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: 37377139) is a company from GENTOFTE. The company recorded a gross profit of -94.9 kDKK in 2024. The operating profit was -94.9 kDKK, while net earnings were -1463.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, 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 | -34.75 | -36.14 | - 116.94 | -92.27 | -94.85 |
| EBIT | -34.75 | -36.14 | - 116.94 | -92.27 | -94.85 |
| Net earnings | 2 762.56 | 8 301.35 | 9 684.84 | - 442.53 | -1 463.15 |
| Shareholders equity total | 35 177.72 | 43 795.63 | 52 763.66 | 52 069.73 | 50 299.45 |
| Balance sheet total (assets) | 38 067.82 | 44 462.91 | 54 530.99 | 53 646.57 | 51 009.97 |
| Net debt | -3 654.62 | - 104.02 | 276.61 | 526.49 | 213.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.2 % | 21.2 % | 20.4 % | 0.1 % | -1.7 % |
| ROE | 8.1 % | 21.0 % | 20.1 % | -0.8 % | -2.9 % |
| ROI | 9.5 % | 21.7 % | 20.6 % | 0.1 % | -1.7 % |
| Economic value added (EVA) | -1 701.19 | -1 870.00 | -2 292.02 | -2 789.35 | -2 747.14 |
| Solvency | |||||
| Equity ratio | 92.4 % | 98.5 % | 96.8 % | 97.1 % | 98.6 % |
| Gearing | 4.2 % | 0.0 % | 2.5 % | 2.2 % | 0.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 27.6 | 2.1 | 1.7 | 1.8 |
| Current ratio | 2.3 | 27.6 | 2.1 | 1.7 | 1.8 |
| Cash and cash equivalents | 5 133.55 | 107.95 | 1 037.28 | 603.32 | 189.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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