EVENT FINANCE II ApS — Credit Rating and Financial Key Figures

CVR number: 32893457
Stadionvej 28, Givskud 7323 Give

Company information

Official name
EVENT FINANCE II ApS
Established
2010
Domicile
Givskud
Company form
Private limited company
Industry

About EVENT FINANCE II ApS

EVENT FINANCE II ApS (CVR number: 32893457) is a company from VEJLE. The company recorded a gross profit of 3282.4 kDKK in 2023. The operating profit was 3608.1 kDKK, while net earnings were 2470.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. EVENT FINANCE II ApS's liquidity measured by quick ratio was 0.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 943.002 373.002 385.005 012.893 282.40
EBIT2 943.002 030.002 164.007 628.893 608.11
Net earnings1 996.001 223.001 492.003 541.282 470.66
Shareholders equity total11 793.0012 416.0013 308.0015 349.7517 820.42
Balance sheet total (assets)34 660.0034 843.0034 218.0036 647.8637 687.36
Net debt13 288.9410 778.69
Profitability
EBIT-%
ROA8.5 %5.8 %6.3 %20.9 %9.7 %
ROE18.5 %10.1 %11.6 %24.7 %14.9 %
ROI8.5 %5.8 %6.3 %21.1 %9.9 %
Economic value added (EVA)1 713.371 437.401 540.105 281.811 515.46
Solvency
Equity ratio100.0 %100.0 %100.0 %41.9 %47.3 %
Gearing87.5 %63.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.5
Current ratio0.10.5
Cash and cash equivalents147.86572.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:9.74%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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