Arts Consolidated ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Arts Consolidated ApS
Arts Consolidated ApS (CVR number: 35529160) is a company from KØBENHAVN. The company recorded a gross profit of -9536.8 kDKK in 2023. The operating profit was -20.4 mDKK, while net earnings were -19.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -44.2 %, which can be considered poor and Return on Equity (ROE) was -125.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -71.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Arts Consolidated ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5 744.24 | -8 453.93 | -14 554.28 | -7 992.16 | -9 536.81 |
EBIT | -11 993.25 | -15 532.26 | -22 381.53 | -17 671.61 | -20 435.38 |
Net earnings | -11 650.89 | -15 831.00 | -21 159.48 | -16 489.21 | -19 861.66 |
Shareholders equity total | -7 074.64 | -5 310.64 | -3 970.11 | -20 459.32 | -40 320.98 |
Balance sheet total (assets) | 8 467.04 | 14 707.90 | 17 008.27 | 15 727.65 | 15 955.12 |
Net debt | 424.83 | -4 737.22 | -3 679.79 | -1 106.80 | -2 299.29 |
Profitability | |||||
EBIT-% | |||||
ROA | -86.4 % | -87.1 % | -108.1 % | -61.6 % | -44.2 % |
ROE | -178.6 % | -136.6 % | -133.4 % | -100.7 % | -125.4 % |
ROI | -99.9 % | -100.6 % | -125.7 % | -199.5 % | -71665.3 % |
Economic value added (EVA) | -10 627.39 | -14 913.10 | -19 900.38 | -15 170.68 | -17 369.69 |
Solvency | |||||
Equity ratio | -45.5 % | -26.5 % | -18.9 % | -56.5 % | -71.6 % |
Gearing | -10.6 % | -9.6 % | -1.1 % | -0.2 % | -0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.9 | 1.8 | 1.2 | 1.1 |
Current ratio | 0.6 | 1.9 | 1.8 | 1.2 | 1.1 |
Cash and cash equivalents | 324.94 | 5 249.10 | 3 722.65 | 1 150.52 | 2 312.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | C | C |
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