Finest Event ApS — Credit Rating and Financial Key Figures

CVR number: 39492024
Christians Brygge 23, 1219 København K
jm@finestevent.dk
tel: 40558589

Credit rating

Company information

Official name
Finest Event ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About Finest Event ApS

Finest Event ApS (CVR number: 39492024) is a company from KØBENHAVN. The company recorded a gross profit of -99.8 kDKK in 2023. The operating profit was -99.8 kDKK, while net earnings were -82.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. Finest Event ApS's liquidity measured by quick ratio was 3.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit142.8913.34128.801 535.96-99.83
EBIT107.78-27.45128.801 535.96-99.83
Net earnings76.14-24.3695.021 030.42-82.74
Shareholders equity total466.82387.16425.681 398.901 316.16
Balance sheet total (assets)838.71539.93568.802 149.031 825.11
Net debt- 183.91-22.36-71.22- 316.97- 328.83
Profitability
EBIT-%
ROA14.4 %-4.0 %23.2 %113.0 %-5.0 %
ROE16.7 %-5.7 %23.4 %112.9 %-6.1 %
ROI22.7 %-6.1 %31.7 %168.3 %-7.3 %
Economic value added (EVA)84.15-32.3182.441 050.29- 133.68
Solvency
Equity ratio55.7 %71.7 %74.8 %65.1 %72.1 %
Gearing8.4 %0.1 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.93.22.73.2
Current ratio2.02.93.22.73.2
Cash and cash equivalents223.3522.3671.76317.25330.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.02%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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