EVENTURE WORLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EVENTURE WORLD A/S
EVENTURE WORLD A/S (CVR number: 31852943) is a company from HEDENSTED. The company recorded a gross profit of -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were 3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40 %, 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. EVENTURE WORLD A/S's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.21 | -3.75 | -3.75 | -4.16 | -4.00 |
EBIT | -16.29 | -3.75 | -3.75 | -4.16 | -4.00 |
Net earnings | -24.57 | -9.91 | -17.16 | -14.03 | 3.05 |
Shareholders equity total | 554.24 | 544.33 | 527.17 | 513.14 | 516.19 |
Balance sheet total (assets) | 1 339.16 | 1 323.29 | 1 304.88 | 1 289.60 | 1 291.66 |
Net debt | - 731.80 | - 715.93 | - 699.17 | - 683.89 | - 680.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | -0.3 % | -0.3 % | -0.3 % | 0.4 % |
ROE | -4.3 % | -1.8 % | -3.2 % | -2.7 % | 0.6 % |
ROI | -1.5 % | -0.4 % | -0.4 % | -0.4 % | 0.5 % |
Economic value added (EVA) | -27.22 | 36.82 | 35.31 | 34.92 | 35.02 |
Solvency | |||||
Equity ratio | 41.4 % | 41.1 % | 40.4 % | 39.8 % | 40.0 % |
Gearing | 88.3 % | 89.9 % | 92.8 % | 95.3 % | 94.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.5 | 1.5 | 1.5 |
Current ratio | 1.6 | 1.5 | 1.5 | 1.5 | 1.5 |
Cash and cash equivalents | 1 221.07 | 1 205.21 | 1 188.45 | 1 173.16 | 1 169.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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