ART Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ART Invest ApS
ART Invest ApS (CVR number: 39996367) is a company from IKAST-BRANDE. The company recorded a gross profit of -0.9 kDKK in 2023. The operating profit was -0.9 kDKK, while net earnings were -21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -50.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ART Invest ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.67 | -0.91 | -0.88 | ||
EBIT | -0.67 | -0.91 | -0.88 | ||
Net earnings | 0.33 | -1.06 | 0.71 | 13.61 | -21.75 |
Shareholders equity total | 0.33 | -0.70 | 40.01 | 53.62 | 31.86 |
Balance sheet total (assets) | 1.03 | 15.99 | 66.68 | 88.08 | 129.28 |
Net debt | 0.69 | 16.69 | -13.26 | -18.33 | 20.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.2 % | -12.0 % | 1.8 % | 20.1 % | -17.2 % |
ROE | 99.7 % | -13.0 % | 2.5 % | 29.1 % | -50.9 % |
ROI | 32.2 % | -12.0 % | 1.8 % | 20.3 % | -17.3 % |
Economic value added (EVA) | -0.67 | 0.09 | 0.84 | 0.67 | 1.37 |
Solvency | |||||
Equity ratio | 32.3 % | -4.2 % | 60.0 % | 60.9 % | 24.6 % |
Gearing | 209.3 % | -2368.1 % | 66.7 % | 62.2 % | 303.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 1.5 | 1.5 | 0.8 |
Current ratio | 0.0 | 0.0 | 1.5 | 1.5 | 0.8 |
Cash and cash equivalents | 0.00 | 0.00 | 39.93 | 51.66 | 75.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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