artBall Studio ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About artBall Studio ApS
artBall Studio ApS (CVR number: 37109355) is a company from KØBENHAVN. The company recorded a gross profit of -7.3 kDKK in 2021. The operating profit was -7.3 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.8 %, which can be considered poor and Return on Equity (ROE) was -39 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. artBall Studio ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.32 | -8.13 | -7.84 | -3.84 | -7.31 |
EBIT | -18.32 | -8.13 | -7.84 | -3.84 | -7.31 |
Net earnings | -14.29 | -6.34 | -6.12 | -4.72 | -5.71 |
Shareholders equity total | 17.18 | 10.83 | 4.72 | -0.01 | -5.72 |
Balance sheet total (assets) | 21.18 | 14.83 | 13.72 | 13.99 | 15.28 |
Net debt | -12.68 | -4.63 | 3.21 | 7.03 | 10.36 |
Profitability | |||||
EBIT-% | |||||
ROA | -64.7 % | -45.2 % | -54.9 % | -27.7 % | -41.8 % |
ROE | -58.8 % | -45.3 % | -78.7 % | -50.5 % | -39.0 % |
ROI | -75.3 % | -58.1 % | -76.3 % | -39.0 % | -69.6 % |
Economic value added (EVA) | -14.30 | -6.57 | -6.43 | -3.99 | -5.55 |
Solvency | |||||
Equity ratio | 81.1 % | 73.0 % | 34.4 % | -0.0 % | -27.2 % |
Gearing | 106.0 % | -166666.7 % | -192.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 3.7 | 1.5 | 1.0 | 0.7 |
Current ratio | 5.3 | 3.7 | 1.5 | 1.0 | 0.7 |
Cash and cash equivalents | 12.68 | 4.63 | 1.79 | 2.97 | 0.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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