ARTWORK SYSTEMS NORDIC A/S

 

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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  3.5% 6.9% 6.1% 15.0% 8.0%  
Credit score (0-100)  54 35 37 13 30  
Credit rating  BBB BBB BBB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  5,662 5,113 6,779 5,476 6,193  
EBITDA  565 -598 398 -1,238 456  
EBIT  526 -635 362 -1,274 439  
Pre-tax profit (PTP)  454.8 -777.3 252.9 -1,339.8 277.6  
Net earnings  353.1 -618.1 190.8 -1,050.8 210.1  
Pre-tax profit without non-rec. items  455 -777 253 -1,340 278  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  121 84.9 49.0 13.2 44.7  
Shareholders equity total  1,692 1,073 1,264 213 424  
Interest-bearing liabilities  1,140 681 775 882 1,152  
Balance sheet total (assets)  6,176 7,103 7,176 6,217 5,944  

Net Debt  -377 -1,137 -439 745 368  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  5,662 5,113 6,779 5,476 6,193  
Gross profit growth  17.4% -9.7% 32.6% -19.2% 13.1%  
Employees  10 9 8 9 8  
Employee growth %  25.0% -10.0% -11.1% 12.5% -11.1%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  6,176 7,103 7,176 6,217 5,944  
Balance sheet change%  -0.0% 15.0% 1.0% -13.4% -4.4%  
Added value  564.5 -598.4 398.1 -1,238.0 456.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -54 -73 -72 -72 14  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 -1.0 1.0 -1.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  9.3% -12.4% 5.3% -23.3% 7.1%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  8.5% -9.6% 5.5% -19.0% 7.3%  
ROI %  18.5% -27.6% 17.5% -81.3% 33.2%  
ROE %  15.6% -44.7% 16.3% -142.2% 66.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  27.4% 15.1% 17.6% 3.4% 7.1%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -66.7% 189.9% -110.4% -60.2% 80.6%  
Gearing %  67.4% 63.4% 61.3% 413.1% 271.9%  
Net interest  0 0 0 0 0  
Financing costs %  12.5% 15.6% 10.9% 8.0% 16.3%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.2 0.9 1.0 0.8 0.8  
Current Ratio  1.4 1.2 1.3 1.1 1.1  
Cash and cash equivalent  1,516.4 1,817.7 1,214.8 136.9 784.0  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  1,673.2 1,322.5 1,515.2 516.5 676.4  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  56 -66 50 -138 57  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  56 -66 50 -138 57  
EBIT / employee  53 -71 45 -142 55  
Net earnings / employee  35 -69 24 -117 26