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ARTPEOPLE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARTPEOPLE HOLDING A/S
ARTPEOPLE HOLDING A/S (CVR number: 26679079K) is a company from HØRSHOLM. The company reported a net sales of 105.4 mDKK in 2016, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 8 mDKK), while net earnings were 6311 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ARTPEOPLE HOLDING A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 103.49 | 122.39 | 109.83 | 104.56 | 105.37 |
| Gross profit | 20.91 | 27.28 | 30.29 | 29.90 | 29.93 |
| EBIT | 3.93 | 9.65 | 11.87 | 8.58 | 7.97 |
| Net earnings | 2.43 | 5.64 | 7.26 | 6.50 | 6.31 |
| Shareholders equity total | 21.41 | 25.45 | 29.41 | 36.08 | 37.06 |
| Balance sheet total (assets) | 67.49 | 78.67 | 68.28 | 75.53 | 67.49 |
| Net debt | -27.04 | -22.18 | |||
| Profitability | |||||
| EBIT-% | 8.2 % | 7.6 % | |||
| ROA | 16.3 % | 12.3 % | 11.5 % | ||
| ROE | 31.9 % | 23.1 % | 19.5 % | ||
| ROI | 32.4 % | 23.6 % | 22.5 % | ||
| Economic value added (EVA) | 1.70 | 5.28 | 6.86 | 4.74 | 4.32 |
| Solvency | |||||
| Equity ratio | 46.2 % | 48.8 % | 54.9 % | ||
| Gearing | |||||
| Relative net indebtedness % | 11.5 % | 11.9 % | 7.8 % | ||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.6 | 1.7 | ||
| Current ratio | 2.3 | 1.9 | 2.2 | ||
| Cash and cash equivalents | 21.61 | 24.78 | 16.70 | 27.04 | 22.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 115.2 | 99.8 | 82.8 | ||
| Net working capital % | 34.5 % | 33.4 % | 34.1 % | ||
| Credit risk | |||||
| Credit rating | A | A |
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