ART2B HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ART2B HOLDING ApS
ART2B HOLDING ApS (CVR number: 33493703) is a company from SLAGELSE. The company recorded a gross profit of 108.4 kDKK in 2020. The operating profit was -68.5 kDKK, while net earnings were -69 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.8 %, which can be considered poor and Return on Equity (ROE) was -116.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. ART2B HOLDING ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 411.93 | 404.01 | 29.12 | 230.30 | 108.42 |
| EBIT | -15.58 | -31.47 | - 109.34 | -5.39 | -68.53 |
| Net earnings | -23.44 | -67.25 | - 134.81 | 3.85 | -68.97 |
| Shareholders equity total | 292.00 | 224.75 | 89.94 | 93.79 | 24.82 |
| Balance sheet total (assets) | 449.76 | 338.82 | 119.22 | 142.38 | 53.63 |
| Net debt | - 303.89 | - 285.98 | -94.66 | - 138.10 | -32.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.2 % | 2.2 % | -47.7 % | -2.8 % | -69.8 % |
| ROE | -8.0 % | -26.0 % | -85.7 % | 4.2 % | -116.3 % |
| ROI | -8.7 % | -27.7 % | -69.5 % | -4.0 % | -115.3 % |
| Economic value added (EVA) | -14.14 | -25.96 | - 120.17 | -5.15 | -66.30 |
| Solvency | |||||
| Equity ratio | 64.9 % | 66.3 % | 75.4 % | 65.9 % | 46.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 3.0 | 4.1 | 2.9 | 1.9 |
| Current ratio | 2.6 | 3.0 | 4.1 | 2.9 | 1.9 |
| Cash and cash equivalents | 303.89 | 285.98 | 94.66 | 138.10 | 32.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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