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Analyst: XBRLDenmark
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Bankruptcy Risk 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
Bankruptcy risk for industry  3.6% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  0.0% 4.7% 4.1% 7.0% 10.6%  
Credit score (0-100)  0 48 51 36 24  
Credit rating  N/A BBB BBB BBB 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) 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12

Net sales  0 463 497 407 342  
Gross profit  0.0 213 265 181 78.6  
EBITDA  0.0 49.7 167 104 -162  
EBIT  0.0 31.7 149 94.5 -162  
Pre-tax profit (PTP)  0.0 16.1 133.6 79.2 -170.7  
Net earnings  0.0 12.6 103.7 61.8 -133.2  
Pre-tax profit without non-rec. items  0.0 16.1 134 79.2 -171  

 
See the entire income statement

Balance sheet (kDKK) 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12

Tangible assets total  0.0 7.5 2.5 0.0 0.0  
Shareholders equity total  0.0 416 520 582 449  
Interest-bearing liabilities  0.0 266 292 298 316  
Balance sheet total (assets)  0.0 810 930 989 883  

Net Debt  0.0 250 206 210 57.7  
 
See the entire balance sheet

Volume 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12

Net sales  0 463 497 407 342  
Net sales growth  0.0% 0.0% 7.3% -18.1% -16.0%  
Gross profit  0.0 213 265 181 78.6  
Gross profit growth  0.0% 0.0% 24.4% -31.8% -56.6%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  0 810 930 989 883  
Balance sheet change%  0.0% 0.0% 14.9% 6.3% -10.7%  
Added value  0.0 49.7 167.2 112.5 -162.3  
Added value %  0.0% 10.7% 33.6% 27.6% -47.5%  
Investments  0 9 -36 -18 0  

Net sales trend  0.0 0.0 1.0 -1.0 -2.0  
EBIT trend  0.0 1.0 2.0 3.0 -1.0  

Profitability 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
EBITDA %  0.0% 10.7% 33.6% 25.4% -47.5%  
EBIT %  0.0% 6.8% 30.0% 23.2% -47.5%  
EBIT to gross profit (%)  0.0% 14.9% 56.2% 52.2% -206.4%  
Net Earnings %  0.0% 2.7% 20.9% 15.2% -39.0%  
Profit before depreciation and extraordinary items %  0.0% 6.6% 24.5% 17.4% -39.0%  
Pre tax profit less extraordinaries %  0.0% 3.5% 26.9% 19.5% -50.0%  
ROA %  0.0% 3.9% 17.1% 9.8% -17.3%  
ROI %  0.0% 4.6% 19.7% 11.0% -19.4%  
ROE %  0.0% 3.0% 22.2% 11.2% -25.9%  

Solidity 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
Equity ratio %  0.0% 51.4% 55.9% 58.8% 50.8%  
Relative indebtedness %  0.0% 85.0% 82.6% 100.2% 127.3%  
Relative net indebtedness %  0.0% 81.4% 65.3% 78.7% 51.8%  
Net int. bear. debt to EBITDA, %  0.0% 502.9% 123.3% 203.2% -35.5%  
Gearing %  0.0% 64.0% 56.2% 51.2% 70.4%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 11.7% 5.6% 5.2% 2.8%  

Liquidity 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
Quick Ratio  0.0 0.4 0.9 1.3 1.3  
Current Ratio  0.0 6.8 8.1 10.5 3.2  
Cash and cash equivalent  0.0 16.5 85.7 87.5 257.9  

Capital use efficiency 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
Trade debtors turnover (days)  0.0 19.8 9.0 25.5 41.1  
Trade creditors turnover (days)  0.0 94.9 23.7 57.5 0.9  
Current assets / Net sales %  0.0% 169.0% 185.3% 243.1% 258.5%  
Net working capital  0.0 667.7 808.0 895.0 610.6  
Net working capital %  0.0% 144.1% 162.6% 219.9% 178.7%  

Employee efficiency 
2015
N/A
2016
2016/12
2017
2017/12
2018
2018/12
2019
2019/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0