Venue Manager A/S — Credit Rating and Financial Key Figures

CVR number: 38216031
Hattemagervej 10, 9000 Aalborg

Credit rating

Company information

Official name
Venue Manager A/S
Personnel
17 persons
Established
2016
Company form
Limited company
Industry

About Venue Manager A/S

Venue Manager A/S (CVR number: 38216031) is a company from AALBORG. The company recorded a gross profit of 7024.4 kDKK in 2023. The operating profit was -1546.2 kDKK, while net earnings were -2925 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -68.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. Venue Manager A/S's liquidity measured by quick ratio was 3.6 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 profit-1 495.482 561.02526.751 251.697 024.38
EBIT-9 921.52-5 930.95-8 203.69-3 958.86-1 546.21
Net earnings-8 094.61-5 016.38-6 951.77-3 365.68-2 924.98
Shareholders equity total3 629.028 112.6511 157.914 503.844 078.86
Balance sheet total (assets)13 446.0819 301.5422 496.6115 535.1918 821.15
Net debt6 643.685 652.265 582.406 954.589 505.74
Profitability
EBIT-%
ROA-75.0 %-36.0 %-39.0 %-20.4 %-8.7 %
ROE-165.2 %-85.4 %-72.1 %-43.0 %-68.2 %
ROI-86.2 %-41.7 %-44.4 %-23.0 %-9.9 %
Economic value added (EVA)-7 908.97-4 688.55-6 838.08-3 176.09-1 646.72
Solvency
Equity ratio30.4 %43.6 %49.6 %85.9 %72.5 %
Gearing206.0 %100.8 %72.4 %198.1 %296.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.32.64.23.6
Current ratio1.72.42.64.23.6
Cash and cash equivalents831.252 522.302 492.351 967.572 581.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-8.72%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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