Aarhus Cocktail Festival ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aarhus Cocktail Festival ApS
Aarhus Cocktail Festival ApS (CVR number: 40861750) is a company from AARHUS. The company recorded a gross profit of -10.7 kDKK in 2024. The operating profit was -15.2 kDKK, while net earnings were -17 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Aarhus Cocktail Festival ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 267.89 | 131.25 | 99.61 | 214.98 | -10.67 |
EBIT | 267.89 | 131.25 | 91.11 | 207.78 | -15.17 |
Net earnings | 207.28 | 97.69 | 68.08 | 163.14 | -17.00 |
Shareholders equity total | 247.28 | 44.97 | 113.05 | 206.19 | 39.19 |
Balance sheet total (assets) | 334.97 | 192.07 | 181.74 | 374.17 | 96.90 |
Net debt | - 334.97 | - 181.19 | - 141.70 | - 374.17 | -80.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 80.0 % | 49.8 % | 48.7 % | 75.2 % | -5.7 % |
ROE | 83.8 % | 66.9 % | 86.2 % | 102.2 % | -13.9 % |
ROI | 108.3 % | 89.8 % | 115.3 % | 131.0 % | -11.0 % |
Economic value added (EVA) | 208.73 | 89.33 | 68.50 | 156.40 | -25.54 |
Solvency | |||||
Equity ratio | 74.7 % | 46.4 % | 84.7 % | 65.3 % | 40.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 3.7 | 8.9 | 3.4 | 1.7 |
Current ratio | 3.8 | 1.3 | 2.6 | 2.2 | 1.7 |
Cash and cash equivalents | 334.97 | 181.19 | 141.70 | 374.17 | 80.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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