FESTIWALTHERS VENNER ApS

CVR number: 17155091
Birkevej 20, 8660 Skanderborg
wv@smukfest.dk
tel: 87934465

Credit rating

Company information

Official name
FESTIWALTHERS VENNER ApS
Established
1993
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About FESTIWALTHERS VENNER ApS

FESTIWALTHERS VENNER ApS (CVR number: 17155091) is a company from SKANDERBORG. The company recorded a gross profit of -131.3 kDKK in 2024. The operating profit was -240.5 kDKK, while net earnings were -202.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FESTIWALTHERS VENNER ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20202021202220232024
Volume
Net sales
Gross profit38.9052.87110.4012.71- 131.33
EBIT-23.688.6253.16-63.74- 240.53
Net earnings-20.801.7833.58-55.55- 202.61
Shareholders equity total1 365.711 367.491 401.071 345.521 142.91
Balance sheet total (assets)1 599.401 709.611 911.441 627.752 458.66
Net debt- 309.26- 366.72- 238.49- 220.51832.38
Profitability
EBIT-%
ROA-1.4 %0.6 %3.0 %-3.6 %-11.6 %
ROE-1.5 %0.1 %2.4 %-4.0 %-16.3 %
ROI-1.5 %0.7 %3.4 %-3.9 %-12.0 %
Economic value added (EVA)-74.45-39.93-1.49-92.97- 236.86
Solvency
Equity ratio89.7 %88.8 %78.6 %84.4 %46.9 %
Gearing6.6 %10.7 %21.5 %10.8 %105.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.62.12.30.5
Current ratio2.01.81.52.00.5
Cash and cash equivalents399.50512.76540.23365.45370.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-11.6%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.9%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

Build time: 2024-12-14T03:10:11.417Z

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