AC HORSENS EVENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 933.54 | - 276.81 |
EBIT | 390.38 | - 715.94 |
Net earnings | 302.71 | - 699.78 |
Shareholders equity total | 872.45 | 172.67 |
Balance sheet total (assets) | 4 637.45 | 787.80 |
Net debt | -2 800.08 | - 647.78 |
Profitability | ||
EBIT-% | ||
ROA | 8.4 % | -26.4 % |
ROE | 34.7 % | -133.9 % |
ROI | 43.8 % | -134.4 % |
Economic value added (EVA) | 302.74 | - 599.67 |
Solvency | ||
Equity ratio | 18.8 % | 21.9 % |
Gearing | 0.4 % | |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.0 | 1.3 |
Current ratio | 1.0 | 1.3 |
Cash and cash equivalents | 2 800.08 | 648.46 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | B |
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