cARTs ApS — Credit Rating and Financial Key Figures

CVR number: 42028878
Askemosevejen 32, 3210 Vejby

Company information

Official name
cARTs ApS
Established
2021
Company form
Private limited company
Industry

About cARTs ApS

cARTs ApS (CVR number: 42028878) is a company from GRIBSKOV. The company recorded a gross profit of -659 kDKK in 2023. The operating profit was -665.4 kDKK, while net earnings were -595.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.6 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. cARTs ApS's liquidity measured by quick ratio was 5.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-62.00- 273.00- 232.00- 659.00
EBIT-62.00- 273.00- 232.00- 665.44
Net earnings-59.00- 256.00- 257.00- 595.83
Shareholders equity total-19.00- 275.00- 532.002 702.87
Balance sheet total (assets)522.001 441.002 347.002 761.18
Net debt467.001 665.002 808.00-38.86
Profitability
EBIT-%
ROA-11.5 %-24.2 %-10.1 %-23.6 %
ROE-11.3 %-26.1 %-13.6 %-23.6 %
ROI-12.0 %-24.9 %-10.3 %-24.1 %
Economic value added (EVA)-48.77- 210.96- 170.12- 491.30
Solvency
Equity ratio-3.5 %-16.0 %-18.5 %97.9 %
Gearing-2647.4 %-610.2 %-531.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.94.42.25.2
Current ratio20.957.646.046.0
Cash and cash equivalents36.0013.0020.0038.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-23.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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