ART SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 31757177
Snedkervej 18, 6710 Esbjerg V

Credit rating

Company information

Official name
ART SERVICE A/S
Personnel
157 persons
Established
2008
Company form
Limited company
Industry

About ART SERVICE A/S

ART SERVICE A/S (CVR number: 31757177) is a company from ESBJERG. The company recorded a gross profit of 47.7 mDKK in 2024. The operating profit was 2308.3 kDKK, while net earnings were 1748.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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 SERVICE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35 384.5538 473.2440 030.0042 307.7147 718.48
EBIT2 587.853 317.322 778.093 426.082 308.30
Net earnings2 071.092 593.672 158.642 677.001 748.12
Shareholders equity total4 902.444 996.114 654.765 331.764 579.88
Balance sheet total (assets)20 857.3727 058.1819 300.2324 791.2220 144.74
Net debt-3 899.911 053.233 795.225 109.164 044.88
Profitability
EBIT-%
ROA16.2 %14.3 %12.5 %16.4 %10.8 %
ROE47.4 %52.4 %44.7 %53.6 %35.3 %
ROI36.6 %40.9 %32.9 %37.4 %24.6 %
Economic value added (EVA)1 827.662 500.891 888.272 419.651 514.01
Solvency
Equity ratio23.5 %18.5 %24.1 %21.5 %22.7 %
Gearing21.2 %83.4 %96.6 %92.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.51.00.9
Current ratio1.51.31.51.00.9
Cash and cash equivalents3 899.915.0886.6643.86175.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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