FEST OG EVENT DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 35525173
Havnegade 19, 5000 Odense C
Brian@festogevent.dk
tel: 70266663
www.festogevent.dk

Company information

Official name
FEST OG EVENT DANMARK ApS
Established
2013
Company form
Private limited company
Industry

About FEST OG EVENT DANMARK ApS

FEST OG EVENT DANMARK ApS (CVR number: 35525173) is a company from ODENSE. The company recorded a gross profit of 741.2 kDKK in 2018. The operating profit was -164.8 kDKK, while net earnings were -164.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -34.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FEST OG EVENT DANMARK ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit448.37359.28741.24
EBIT71.04- 137.49- 164.83
Net earnings71.04- 137.49- 164.83
Shareholders equity total46.31-91.19- 256.02
Balance sheet total (assets)788.13495.36451.94
Net debt174.66-22.16393.75
Profitability
EBIT-%
ROA9.0 %-20.0 %-25.5 %
ROE153.4 %-50.8 %-34.8 %
ROI29.9 %-97.7 %-71.7 %
Economic value added (EVA)71.04- 138.97- 156.94
Solvency
Equity ratio5.9 %-15.5 %-36.2 %
Gearing413.5 %-48.0 %-162.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.0
Current ratio0.30.10.0
Cash and cash equivalents16.8065.9621.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-25.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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