Art Plads ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Art Plads ApS
Art Plads ApS (CVR number: 42233528) is a company from KØBENHAVN. The company recorded a gross profit of -15.3 kDKK in 2023. The operating profit was -15.3 kDKK, while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.1 %, which can be considered poor and Return on Equity (ROE) was -58.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Art Plads ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -21.52 | -30.42 | -15.31 |
EBIT | -21.52 | -30.42 | -15.31 |
Net earnings | -16.78 | -23.86 | -11.99 |
Shareholders equity total | 23.22 | -0.65 | -12.63 |
Balance sheet total (assets) | 37.84 | 21.98 | 19.28 |
Net debt | -22.56 | -0.30 | 16.42 |
Profitability | |||
EBIT-% | |||
ROA | -56.5 % | -100.6 % | -56.1 % |
ROE | -72.3 % | -105.6 % | -58.1 % |
ROI | -66.9 % | -127.7 % | -74.0 % |
Economic value added (EVA) | -16.81 | -23.32 | -11.45 |
Solvency | |||
Equity ratio | 61.4 % | -2.9 % | -39.6 % |
Gearing | 37.7 % | -1344.4 % | -147.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.6 | 1.4 | 0.8 |
Current ratio | 2.6 | 1.4 | 0.8 |
Cash and cash equivalents | 31.31 | 8.99 | 2.27 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | B | BB |
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