T. A. EVENT APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. A. EVENT APS
T. A. EVENT APS (CVR number: 30537963) is a company from SILKEBORG. The company recorded a gross profit of -1.3 kDKK in 2023. The operating profit was -249.3 kDKK, while net earnings were -269.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -63.3 %, which can be considered poor and Return on Equity (ROE) was -145.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. T. A. EVENT APS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 718.29 | 73.44 | - 213.25 | 865.89 | -1.25 |
EBIT | 598.37 | -35.97 | - 454.95 | 443.58 | - 249.34 |
Net earnings | 458.03 | -30.86 | - 351.10 | 308.82 | - 269.86 |
Shareholders equity total | 393.31 | 362.44 | 11.34 | 320.16 | 50.31 |
Balance sheet total (assets) | 781.84 | 763.76 | 555.29 | 547.61 | 237.94 |
Net debt | - 421.58 | - 388.47 | 470.75 | 133.88 | -38.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 95.5 % | -4.7 % | -69.0 % | 80.4 % | -63.3 % |
ROE | 114.5 % | -8.2 % | -187.9 % | 186.3 % | -145.7 % |
ROI | 108.6 % | -5.6 % | -78.3 % | 84.6 % | -68.7 % |
Economic value added (EVA) | 478.31 | -11.99 | - 330.76 | 347.75 | - 283.35 |
Solvency | |||||
Equity ratio | 50.3 % | 47.5 % | 2.0 % | 58.5 % | 21.1 % |
Gearing | 66.6 % | 74.7 % | 4559.0 % | 62.6 % | 304.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | 0.9 | 1.3 | 1.3 |
Current ratio | 1.8 | 1.7 | 0.9 | 1.3 | 1.3 |
Cash and cash equivalents | 683.59 | 659.20 | 46.20 | 66.56 | 192.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | B |
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