CHINESE CULTURE AND ARTWORK DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHINESE CULTURE AND ARTWORK DESIGN ApS
CHINESE CULTURE AND ARTWORK DESIGN ApS (CVR number: 31771838) is a company from HVIDOVRE. The company recorded a gross profit of 1 kDKK in 2023. The operating profit was -65.5 kDKK, while net earnings were -65.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47 %, which can be considered poor and Return on Equity (ROE) was -55.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CHINESE CULTURE AND ARTWORK DESIGN ApS's liquidity measured by quick ratio was 2.8 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 | 256.75 | 107.82 | |||
Gross profit | 127.80 | 29.00 | 122.72 | 215.50 | 1.01 |
EBIT | -21.26 | -2.08 | 34.45 | 97.09 | -65.47 |
Net earnings | -21.26 | -2.26 | 34.06 | 97.09 | -65.47 |
Shareholders equity total | - 312.72 | - 314.98 | - 280.92 | 150.82 | 85.34 |
Balance sheet total (assets) | 164.72 | 74.63 | 59.04 | 159.44 | 119.47 |
Net debt | 243.48 | 384.33 | 320.93 | - 120.30 | -93.93 |
Profitability | |||||
EBIT-% | -8.3 % | -1.9 % | |||
ROA | -4.7 % | -0.5 % | 9.4 % | 38.9 % | -47.0 % |
ROE | -13.8 % | -1.9 % | 51.0 % | 92.5 % | -55.4 % |
ROI | -6.4 % | -0.6 % | 9.6 % | 40.9 % | -55.4 % |
Economic value added (EVA) | -3.76 | 17.52 | 50.54 | 111.38 | -67.01 |
Solvency | |||||
Equity ratio | -65.5 % | -80.8 % | -82.6 % | 94.6 % | 71.4 % |
Gearing | -102.6 % | -123.7 % | -115.5 % | ||
Relative net indebtedness % | 155.8 % | 356.4 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.0 | 0.0 | 14.0 | 2.8 |
Current ratio | 0.3 | 0.0 | 0.0 | 14.0 | 2.8 |
Cash and cash equivalents | 77.33 | 5.27 | 3.45 | 120.30 | 93.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 119.6 | ||||
Net working capital % | -123.1 % | -353.8 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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