Classic Events ApS — Credit Rating and Financial Key Figures

Classic Events ApS (CVR number: 37314625) is a company from HORSENS. The company recorded a gross profit of 47.4 kDKK in 2024. The operating profit was 11.7 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -106.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Classic Events ApS's liquidity measured by quick ratio was 0.1 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.