Klingen Event ApS — Credit Rating and Financial Key Figures

CVR number: 27419518
Ravnsøvej 7, 8240 Risskov

Credit rating

Company information

Official name
Klingen Event ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon561110

About Klingen Event ApS

Klingen Event ApS (CVR number: 27419518) is a company from AARHUS. The company recorded a gross profit of 128.9 kDKK in 2024. The operating profit was 128.9 kDKK, while net earnings were 132 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -36 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Klingen Event ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit- 162.69-47.43- 142.57- 167.56128.91
EBIT- 162.69-47.43- 142.57- 167.56128.91
Net earnings- 163.34-47.95- 157.62- 184.66131.96
Shareholders equity total- 377.11- 425.06- 582.68- 767.34- 635.38
Balance sheet total (assets)46.39370.21368.74469.051 129.26
Net debt-17.51- 152.54338.63349.61275.98
Profitability
EBIT-%
ROA-36.3 %-7.8 %-16.3 %-15.3 %8.6 %
ROE-106.6 %-23.0 %-42.7 %-44.1 %16.5 %
ROI-82.8 %-47.2 %35.4 %
Economic value added (EVA)- 133.10-8.76-94.70- 122.19190.25
Solvency
Equity ratio-89.0 %-53.4 %-61.2 %-62.1 %-36.0 %
Gearing-59.1 %-47.2 %-57.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.10.42.3
Current ratio0.10.30.10.42.3
Cash and cash equivalents17.51152.545.8312.4586.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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