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: 26679079) is a company from HØRSHOLM. The company recorded a gross profit of -29 kDKK in 2023. The operating profit was -29 kDKK, while net earnings were -11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARTPEOPLE HOLDING A/S's liquidity measured by quick ratio was 17 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 187.13 | -95.43 | -30.34 | -27.66 | -29.00 |
EBIT | - 187.13 | -95.43 | -30.34 | -27.66 | -29.00 |
Net earnings | 2 304.34 | - 241.03 | -80.86 | 35.78 | -11.54 |
Shareholders equity total | 19 954.74 | 7 713.71 | 2 532.86 | 2 568.64 | 1 057.10 |
Balance sheet total (assets) | 41 538.79 | 7 936.91 | 2 734.55 | 2 740.48 | 1 090.85 |
Net debt | -34 933.27 | - 440.14 | - 353.38 | -1 915.17 | - 575.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 1.0 % | -1.4 % | 1.5 % | -0.5 % |
ROE | 9.3 % | -1.7 % | -1.6 % | 1.4 % | -0.6 % |
ROI | 17.8 % | 1.8 % | -1.4 % | 1.5 % | -0.5 % |
Economic value added (EVA) | 67.74 | 1 187.34 | 127.54 | -92.90 | -28.97 |
Solvency | |||||
Equity ratio | 48.0 % | 97.2 % | 92.6 % | 93.7 % | 96.9 % |
Gearing | 0.7 % | 2.0 % | 6.2 % | 5.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.7 | 2.5 | 12.9 | 17.0 |
Current ratio | 1.6 | 2.7 | 2.5 | 12.9 | 17.0 |
Cash and cash equivalents | 35 079.68 | 597.33 | 510.58 | 2 053.26 | 575.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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