Happenings Group A/S

CVR number: 40979956
Klostergade 56 B, 8000 Aarhus C
support@happenings.dk
tel: 31450914
https://happenings.dk

Credit rating

Company information

Official name
Happenings Group A/S
Personnel
2 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About Happenings Group A/S

Happenings Group A/S (CVR number: 40979956) is a company from AARHUS. The company recorded a gross profit of 834.9 kDKK in 2022. The operating profit was 251.4 kDKK, while net earnings were 214.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Happenings Group A/S's liquidity measured by quick ratio was 2.8 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
2019202020212022
Volume
Net sales
Gross profit- 110.56- 100.59133.22834.95
EBIT- 475.52- 161.9658.21251.42
Net earnings- 396.90- 130.2028.91214.93
Shareholders equity total3.10- 127.10958.821 173.75
Balance sheet total (assets)812.31911.351 078.501 470.09
Net debt-1.3815.06- 122.13- 195.38
Profitability
EBIT-%
ROA-58.5 %-17.1 %5.5 %19.7 %
ROE-12807.4 %-28.5 %3.1 %20.2 %
ROI-15344.3 %-1521.4 %11.3 %21.9 %
Economic value added (EVA)- 392.91- 112.7198.40212.76
Solvency
Equity ratio0.4 %-12.2 %89.2 %79.8 %
Gearing-13.9 %6.1 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.44.82.8
Current ratio0.50.44.72.8
Cash and cash equivalents1.382.58180.41262.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBB

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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