ARTWORK SYSTEMS NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 20284307
Ladegårdsvej 16, 7100 Vejle
faktura@artwork-systems.dk
tel: 70702064
www.artwork-systems.dk

Credit rating

Company information

Official name
ARTWORK SYSTEMS NORDIC A/S
Personnel
10 persons
Established
1997
Company form
Limited company
Industry

About ARTWORK SYSTEMS NORDIC A/S

ARTWORK SYSTEMS NORDIC A/S (CVR number: 20284307) is a company from VEJLE. The company recorded a gross profit of 7197.1 kDKK in 2024. The operating profit was 709.8 kDKK, while net earnings were 343 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ARTWORK SYSTEMS NORDIC A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 112.906 778.705 476.316 110.917 197.09
EBIT- 634.98362.24-1 273.82438.87709.77
Net earnings- 618.07190.82-1 050.81210.12343.00
Shareholders equity total1 073.491 264.30213.49423.611 966.62
Balance sheet total (assets)7 102.647 175.896 217.045 944.4614 573.66
Net debt-1 136.59- 439.43745.11367.83-6 408.55
Profitability
EBIT-%
ROA-9.6 %5.5 %-19.0 %7.3 %7.1 %
ROE-44.7 %16.3 %-142.2 %66.0 %28.7 %
ROI-27.6 %17.5 %-81.3 %33.2 %40.0 %
Economic value added (EVA)- 647.50185.10-1 101.58277.10432.45
Solvency
Equity ratio15.1 %17.6 %3.4 %7.1 %13.5 %
Gearing63.4 %61.3 %413.1 %271.9 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.00.80.81.0
Current ratio1.21.31.11.11.2
Cash and cash equivalents1 817.671 214.81136.90784.006 486.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.5%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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