Altitude Events ApS — Credit Rating and Financial Key Figures

CVR number: 41973102
Stationspladsen 3, 3000 Helsingør
info@altitudeevents.se
tel: 70896291

Company information

Official name
Altitude Events ApS
Established
2020
Company form
Private limited company
Industry

About Altitude Events ApS

Altitude Events ApS (CVR number: 41973102) is a company from HELSINGØR. The company recorded a gross profit of -17.2 kDKK in 2023. The operating profit was -17.2 kDKK, while net earnings were -23.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.9 %, which can be considered poor and Return on Equity (ROE) was -114.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. Altitude Events ApS's liquidity measured by quick ratio was 1.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-5.14-14.55-17.20
EBIT-5.14-14.55-17.20
Net earnings-5.50-12.48-23.28
Shareholders equity total44.5032.028.74
Balance sheet total (assets)44.8673.1528.37
Net debt-28.48-34.738.36
Profitability
EBIT-%
ROA-11.4 %-24.5 %-33.9 %
ROE-12.4 %-32.6 %-114.2 %
ROI-11.5 %-37.7 %-62.0 %
Economic value added (EVA)-4.01-12.15-21.85
Solvency
Equity ratio99.2 %43.8 %30.8 %
Gearing168.2 %
Relative net indebtedness %
Liquidity
Quick ratio126.41.81.4
Current ratio126.41.81.4
Cash and cash equivalents28.4834.736.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-33.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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