Artex Danmark A/S — Credit Rating and Financial Key Figures

Artex Danmark A/S (CVR number: 43833111) is a company from VIBORG. The company recorded a gross profit of 31 mDKK in 2024. The operating profit was 18.8 mDKK, while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.9 %, which can be considered excellent and Return on Equity (ROE) was 146.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. Artex Danmark A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.