Altitude Events ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 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 total | 44.50 | 32.02 | 8.74 |
Balance sheet total (assets) | 44.86 | 73.15 | 28.37 |
Net debt | -28.48 | -34.73 | 8.36 |
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 ratio | 99.2 % | 43.8 % | 30.8 % |
Gearing | 168.2 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 126.4 | 1.8 | 1.4 |
Current ratio | 126.4 | 1.8 | 1.4 |
Cash and cash equivalents | 28.48 | 34.73 | 6.35 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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