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 1.3 kDKK in 2024. The operating profit was 1.3 kDKK, while net earnings were -24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. WORK ON ART 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.