KunstArt ApS — Credit Rating and Financial Key Figures

KunstArt ApS (CVR number: 39369907) is a company from HERNING. The company recorded a gross profit of -13.3 kDKK in 2024. The operating profit was -13.3 kDKK, while net earnings were 62.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -49.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KunstArt ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.