ABC Event ApS

CVR number: 40922806
Solbakken 514, 5330 Munkebo

Credit rating

Company information

Official name
ABC Event ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About ABC Event ApS

ABC Event ApS (CVR number: 40922806) is a company from KERTEMINDE. The company recorded a gross profit of 792.7 kDKK in 2023. The operating profit was -79.3 kDKK, while net earnings were -172.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -63.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ABC Event ApS's liquidity measured by quick ratio was 0 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit- 171.88509.661 485.21792.65
EBIT- 337.38180.52707.70-79.34
Net earnings- 343.82164.22560.61- 172.08
Shareholders equity total- 366.66- 202.44358.18186.09
Balance sheet total (assets)453.76573.511 271.261 583.22
Net debt196.04437.72-82.66201.73
Profitability
EBIT-%
ROA-41.1 %22.6 %69.1 %-5.6 %
ROE-75.8 %32.0 %120.3 %-63.2 %
ROI-98.1 %36.3 %135.6 %-18.3 %
Economic value added (EVA)- 337.38206.38607.45- 125.47
Solvency
Equity ratio-44.7 %-26.1 %28.2 %11.8 %
Gearing-93.8 %-320.7 %108.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.20.0
Current ratio0.40.30.20.0
Cash and cash equivalents148.02211.5482.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBB

Variable visualization

ROA:-5.56%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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