Artha Følager A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Artha Følager A/S
Artha Følager A/S (CVR number: 38677497) is a company from GENTOFTE. The company recorded a gross profit of -560 kDKK in 2023. The operating profit was -560 kDKK, while net earnings were -558.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Artha Følager A/S's liquidity measured by quick ratio was 20.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 561.83 | - 478.09 | - 665.83 | - 879.86 | - 560.00 |
EBIT | - 561.83 | - 478.09 | - 665.83 | - 879.86 | - 560.00 |
Net earnings | - 468.42 | - 440.46 | - 580.35 | - 923.04 | - 558.52 |
Shareholders equity total | 114 066.56 | 113 626.10 | 113 045.74 | 112 122.70 | 111 564.19 |
Balance sheet total (assets) | 114 579.28 | 114 208.29 | 113 219.11 | 113 908.12 | 111 679.97 |
Net debt | -12 596.47 | -10 661.86 | -8 824.76 | -4 998.52 | -2 347.71 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.5 % | -0.4 % | -0.6 % | -0.8 % | -0.5 % |
ROE | -0.4 % | -0.4 % | -0.5 % | -0.8 % | -0.5 % |
ROI | -0.5 % | -0.4 % | -0.6 % | -0.8 % | -0.5 % |
Economic value added (EVA) | -5 490.91 | -5 471.78 | -5 693.30 | -6 104.75 | -5 942.99 |
Solvency | |||||
Equity ratio | 99.6 % | 99.5 % | 99.8 % | 98.4 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 60.7 | 26.8 | 55.5 | 3.3 | 20.7 |
Current ratio | 60.7 | 26.8 | 55.5 | 3.3 | 20.7 |
Cash and cash equivalents | 12 596.47 | 10 661.86 | 8 824.76 | 4 998.52 | 2 347.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
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