Finest Event ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 142.89 | 13.34 | 128.80 | 1 535.96 | -99.83 |
EBIT | 107.78 | -27.45 | 128.80 | 1 535.96 | -99.83 |
Net earnings | 76.14 | -24.36 | 95.02 | 1 030.42 | -82.74 |
Shareholders equity total | 466.82 | 387.16 | 425.68 | 1 398.90 | 1 316.16 |
Balance sheet total (assets) | 838.71 | 539.93 | 568.80 | 2 149.03 | 1 825.11 |
Net debt | - 183.91 | -22.36 | -71.22 | - 316.97 | - 328.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.4 % | -4.0 % | 23.2 % | 113.0 % | -5.0 % |
ROE | 16.7 % | -5.7 % | 23.4 % | 112.9 % | -6.1 % |
ROI | 22.7 % | -6.1 % | 31.7 % | 168.3 % | -7.3 % |
Economic value added (EVA) | 84.15 | -32.31 | 82.44 | 1 050.29 | - 133.68 |
Solvency | |||||
Equity ratio | 55.7 % | 71.7 % | 74.8 % | 65.1 % | 72.1 % |
Gearing | 8.4 % | 0.1 % | 0.0 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.9 | 3.2 | 2.7 | 3.2 |
Current ratio | 2.0 | 2.9 | 3.2 | 2.7 | 3.2 |
Cash and cash equivalents | 223.35 | 22.36 | 71.76 | 317.25 | 330.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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