FESTIWALTHERS VENNER ApS — Credit Rating and Financial Key Figures

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

Official name
FESTIWALTHERS VENNER ApS
Established
1993
Company form
Private limited company
Industry

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
2020
2021
2022
2023
2024
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

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