Argos ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Argos ApS
Argos ApS (CVR number: 39262878) is a company from ODDER. The company recorded a gross profit of -9.2 kDKK in 2023. The operating profit was -9.2 kDKK, while net earnings were -7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -50.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. Argos ApS's liquidity measured by quick ratio was 1.4 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 | 11.21 | -3.90 | 6.29 | -9.19 | |
EBIT | -14.18 | 11.21 | -3.90 | 6.29 | -9.19 |
Net earnings | -14.18 | 18.04 | -10.73 | 12.55 | -7.08 |
Shareholders equity total | -22.28 | -4.24 | 5.02 | 17.57 | 10.49 |
Balance sheet total (assets) | 10.88 | 28.58 | 38.50 | 35.06 | |
Net debt | 10.03 | 6.08 | -10.02 | -13.74 | -8.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -63.7 % | 30.0 % | -17.8 % | 18.7 % | -24.6 % |
ROE | -200.4 % | 165.7 % | -135.0 % | 111.1 % | -50.5 % |
ROI | -141.6 % | 37.2 % | -17.8 % | 21.1 % | -27.9 % |
Economic value added (EVA) | -13.06 | 9.08 | -3.48 | 5.65 | -6.43 |
Solvency | |||||
Equity ratio | -100.0 % | -28.0 % | 17.6 % | 45.6 % | 29.9 % |
Gearing | -45.0 % | -238.7 % | 369.5 % | 104.9 % | 175.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 1.8 | 1.4 | |
Current ratio | 0.8 | 1.2 | 1.8 | 1.4 | |
Cash and cash equivalents | 4.05 | 28.58 | 32.17 | 26.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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