Happenings Group A/S — Credit Rating and Financial Key Figures

Happenings Group A/S (CVR number: 40979956) is a company from AARHUS. The company recorded a gross profit of 384.7 kDKK in 2023. The operating profit was -127.9 kDKK, while net earnings were -99.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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 1.8 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.