Air Group Event ApS — Credit Rating and Financial Key Figures

Air Group Event ApS (CVR number: 40921249) is a company from HVIDOVRE. The company recorded a gross profit of 1465.7 kDKK in 2022. The operating profit was 489.4 kDKK, while net earnings were 360.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. Air Group Event ApS's liquidity measured by quick ratio was 1.5 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.