WORK ON ART ApS — Credit Rating and Financial Key Figures

WORK ON ART ApS (CVR number: 34489114) is a company from FREDERIKSHAVN. The company recorded a gross profit of -20.1 kDKK in 2023. The operating profit was -20.1 kDKK, while net earnings were 42 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, 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. WORK ON ART ApS's liquidity measured by quick ratio was 1.7 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.