Artland ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Artland ApS
Artland ApS (CVR number: 37859427) is a company from KØBENHAVN. The company recorded a gross profit of 1012 kDKK in 2021. The operating profit was -2433.4 kDKK, while net earnings were -2115.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -37.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. Artland ApS's liquidity measured by quick ratio was 1.5 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 417.25 | -2 180.85 | -1 979.31 | -28.31 | 1 012.04 |
EBIT | -4 726.30 | -4 139.11 | -4 021.86 | -3 391.22 | -2 433.36 |
Net earnings | -4 376.64 | -3 546.44 | -3 443.85 | -2 910.20 | -2 115.72 |
Shareholders equity total | 1 332.13 | 4 835.82 | 5 791.85 | 4 427.63 | 6 923.28 |
Balance sheet total (assets) | 2 768.53 | 5 522.37 | 9 779.57 | 15 388.77 | 18 529.15 |
Net debt | -2 330.22 | -1 731.63 | 1 162.68 | 6 694.11 | 8 178.73 |
Profitability | |||||
EBIT-% | |||||
ROA | -170.7 % | -99.8 % | -52.6 % | -26.8 % | -14.3 % |
ROE | -328.5 % | -115.0 % | -64.8 % | -57.0 % | -37.3 % |
ROI | -354.8 % | -134.2 % | -58.9 % | -30.7 % | -16.5 % |
Economic value added (EVA) | -4 375.33 | -3 460.07 | -3 309.64 | -2 598.50 | -1 678.91 |
Solvency | |||||
Equity ratio | 48.1 % | 87.6 % | 59.2 % | 28.8 % | 37.4 % |
Gearing | 52.4 % | 197.8 % | 135.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.7 | 3.6 | 2.2 | 1.5 |
Current ratio | 1.9 | 3.7 | 3.6 | 2.2 | 1.5 |
Cash and cash equivalents | 2 330.22 | 1 731.63 | 1 871.74 | 2 062.60 | 1 171.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.