AC HORSENS EVENT ApS — Credit Rating and Financial Key Figures

CVR number: 36069899
Langmarksvej 59, 8700 Horsens

Credit rating

Company information

Official name
AC HORSENS EVENT ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About AC HORSENS EVENT ApS

AC HORSENS EVENT ApS (CVR number: 36069899) is a company from HORSENS. The company recorded a gross profit of -276.8 kDKK in 2017. The operating profit was -715.9 kDKK, while net earnings were -699.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.4 %, which can be considered poor and Return on Equity (ROE) was -133.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AC HORSENS EVENT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit933.54- 276.81
EBIT390.38- 715.94
Net earnings302.71- 699.78
Shareholders equity total872.45172.67
Balance sheet total (assets)4 637.45787.80
Net debt-2 800.08- 647.78
Profitability
EBIT-%
ROA8.4 %-26.4 %
ROE34.7 %-133.9 %
ROI43.8 %-134.4 %
Economic value added (EVA)302.74- 599.67
Solvency
Equity ratio18.8 %21.9 %
Gearing0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.3
Current ratio1.01.3
Cash and cash equivalents2 800.08648.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-26.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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