Artec Construction Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Artec Construction Denmark ApS
Artec Construction Denmark ApS (CVR number: 38403605) is a company from GLOSTRUP. The company recorded a gross profit of -144.7 kDKK in 2019. The operating profit was -144.7 kDKK, while net earnings were -230.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. Artec Construction Denmark 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 163.43 | 818.68 | - 144.69 |
EBIT | 1 163.43 | 818.68 | - 144.69 |
Net earnings | 899.45 | 581.32 | - 230.11 |
Shareholders equity total | 949.45 | 1 530.77 | 1 300.66 |
Balance sheet total (assets) | 6 399.86 | 3 609.92 | 3 037.48 |
Net debt | 1 386.43 | - 360.91 | -1 279.30 |
Profitability | |||
EBIT-% | |||
ROA | 18.2 % | 16.4 % | -4.4 % |
ROE | 94.7 % | 46.9 % | -16.3 % |
ROI | 45.8 % | 29.0 % | -4.8 % |
Economic value added (EVA) | 905.72 | 598.29 | - 124.30 |
Solvency | |||
Equity ratio | 14.8 % | 42.4 % | 42.8 % |
Gearing | 167.8 % | 102.9 % | 125.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.2 | 1.7 | 1.7 |
Current ratio | 1.2 | 1.7 | 1.7 |
Cash and cash equivalents | 207.02 | 1 936.52 | 2 911.48 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BBB | B |
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