kunsten designETC ApS — Credit Rating and Financial Key Figures

CVR number: 38511564
Strandgade 27 B, 1401 København K
jan@kunstenmedia.com
tel: 31715313
www.designetc.dk
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Company information

Official name
kunsten designETC ApS
Established
2017
Company form
Private limited company
Industry

About kunsten designETC ApS

kunsten designETC ApS (CVR number: 38511564) is a company from KØBENHAVN. The company recorded a gross profit of -5.7 kDKK in 2023. The operating profit was -5.7 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -88.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. kunsten designETC ApS's liquidity measured by quick ratio was 5.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit18.43-7.37-4.37-4.56-5.66
EBIT-88.55-79.86-4.37-4.56-5.66
Net earnings-77.04-54.68-3.47-4.42-7.49
Shareholders equity total- 153.15- 207.83- 211.30- 215.72- 223.21
Balance sheet total (assets)113.3250.4336.7133.2227.90
Net debt240.43229.77229.85231.23224.38
Profitability
EBIT-%
ROA-33.4 %-30.4 %-1.7 %-1.8 %-2.3 %
ROE-51.3 %-66.8 %-8.0 %-12.7 %-24.5 %
ROI-40.0 %-31.1 %-1.8 %-1.9 %-2.3 %
Economic value added (EVA)-72.73-45.637.147.774.10
Solvency
Equity ratio-57.5 %-80.5 %-85.2 %-86.7 %-88.9 %
Gearing-171.4 %-120.8 %-115.5 %-114.1 %-110.3 %
Relative net indebtedness %
Liquidity
Quick ratio10.27.19.211.75.6
Current ratio10.27.19.211.75.6
Cash and cash equivalents22.0421.3614.1614.8821.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-2.27%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-88.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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