CHINESE CULTURE AND ARTWORK DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 31771838
Planteheldvej 1 E, 2650 Hvidovre
zhu3909@hotmail.com
tel: 31181598

Company information

Official name
CHINESE CULTURE AND ARTWORK DESIGN ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales256.75107.82
Gross profit127.8029.00122.72215.501.01
EBIT-21.26-2.0834.4597.09-65.47
Net earnings-21.26-2.2634.0697.09-65.47
Shareholders equity total- 312.72- 314.98- 280.92150.8285.34
Balance sheet total (assets)164.7274.6359.04159.44119.47
Net debt243.48384.33320.93- 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)-3.7617.5250.54111.38-67.01
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 ratio0.30.00.014.02.8
Current ratio0.30.00.014.02.8
Cash and cash equivalents77.335.273.45120.3093.93
Capital use efficiency
Trade debtors turnover (days)119.6
Net working capital %-123.1 %-353.8 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-47.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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