Papirkunst ApS — Credit Rating and Financial Key Figures

CVR number: 38399772
Ilsigvej 2, Hune 9492 Blokhus
butik@museumforpapirkunst.dk
tel: 60129492
www.museumforpapirkunst.dk

Company information

Official name
Papirkunst ApS
Personnel
9 persons
Established
2017
Domicile
Hune
Company form
Private limited company
Industry

About Papirkunst ApS

Papirkunst ApS (CVR number: 38399772) is a company from JAMMERBUGT. The company recorded a gross profit of 808.4 kDKK in 2024. The operating profit was 127.2 kDKK, while net earnings were 14.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 6.5 %, 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. Papirkunst ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 191.721 274.69902.57635.40808.44
EBIT631.06581.51- 164.89-45.49127.15
Net earnings389.19360.72- 200.19- 112.2514.17
Shareholders equity total326.34410.72210.5398.28112.45
Balance sheet total (assets)2 364.182 358.751 828.231 725.981 732.18
Net debt1 459.87913.621 269.791 219.52844.58
Profitability
EBIT-%
ROA28.1 %24.8 %-7.9 %-2.5 %7.4 %
ROE31.7 %97.9 %-64.4 %-72.7 %13.5 %
ROI34.8 %33.3 %-10.4 %-3.1 %10.8 %
Economic value added (EVA)443.35384.05- 179.24-65.1462.28
Solvency
Equity ratio13.8 %17.4 %11.5 %5.7 %6.5 %
Gearing448.8 %269.7 %608.6 %1252.2 %765.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.10.10.2
Current ratio1.21.20.81.01.2
Cash and cash equivalents4.80194.2111.4811.1115.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.38%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.49%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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