Victory Event, Stage & Tour ApS — Credit Rating and Financial Key Figures

CVR number: 26544432
Sindalsvej 11, 8240 Risskov

Credit rating

Company information

Official name
Victory Event, Stage & Tour ApS
Personnel
13 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon773910

About Victory Event, Stage & Tour ApS

Victory Event, Stage & Tour ApS (CVR number: 26544432) is a company from AARHUS. The company recorded a gross profit of 14 mDKK in 2023. The operating profit was 4498.8 kDKK, while net earnings were 2524.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 79 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Victory Event, Stage & Tour ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 250.941 028.795 839.8912 995.4014 019.73
EBIT1 660.26-3 011.631 363.475 585.954 498.76
Net earnings543.53-3 060.68180.733 379.522 524.53
Shareholders equity total83.18-2 577.50-1 946.771 932.764 457.28
Balance sheet total (assets)15 085.3714 109.4312 497.3616 474.9028 702.33
Net debt6 613.558 212.786 964.557 713.9320 495.97
Profitability
EBIT-%
ROA10.9 %-18.9 %8.8 %36.2 %20.0 %
ROE7.4 %-43.1 %1.4 %46.8 %79.0 %
ROI15.1 %-27.3 %12.5 %49.2 %23.6 %
Economic value added (EVA)1 322.09-2 352.311 173.564 466.793 382.48
Solvency
Equity ratio0.6 %-15.4 %-13.5 %11.7 %15.5 %
Gearing8683.6 %-319.8 %-383.0 %526.2 %465.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.40.2
Current ratio0.30.30.30.40.2
Cash and cash equivalents609.5629.67491.612 456.89267.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.5%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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