Credit rating
Company information
About Articipate ApS
Articipate ApS (CVR number: 42231444) is a company from KØBENHAVN. The company recorded a gross profit of 390.8 kDKK in 2022. The operating profit was -218.3 kDKK, while net earnings were -219.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.2 %, which can be considered poor and Return on Equity (ROE) was -146.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Articipate ApS's liquidity measured by quick ratio was 0.5 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 financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 526.21 | 390.76 | |
EBIT | -6.01 | - 218.29 | |
Net earnings | -5.06 | - 219.48 | |
Shareholders equity total | 40.00 | 34.94 | - 184.54 |
Balance sheet total (assets) | 40.00 | 220.24 | 265.25 |
Net debt | -40.00 | - 142.51 | - 208.40 |
Profitability | |||
EBIT-% | |||
ROA | -4.6 % | -65.2 % | |
ROE | -13.5 % | -146.2 % | |
ROI | -10.4 % | -458.5 % | |
Economic value added (EVA) | -4.41 | - 210.87 | |
Solvency | |||
Equity ratio | 100.0 % | 15.9 % | -41.0 % |
Gearing | 115.0 % | -10.9 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.0 | 0.5 | |
Current ratio | 1.0 | 0.5 | |
Cash and cash equivalents | 40.00 | 182.69 | 228.49 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | B | C |
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