SHOE ART ApS

SHOE ART ApS (CVR number: 35141774) is a company from VORDINGBORG. The company reported a net sales of 0.3 mDKK in 2019, demonstrating a decline of -16 % compared to the previous year. The operating profit percentage was poor at -47.5 % (EBIT: -0.2 mDKK), while net earnings were -133.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SHOE ART ApS's liquidity measured by quick ratio was 1.3 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.