MORE THAN EVENT ApS — Credit Rating and Financial Key Figures

CVR number: 34058458
Stamholmen 93, 2650 Hvidovre
mark@morethanevent.dk
tel: 29723873

Credit rating

Company information

Official name
MORE THAN EVENT ApS
Personnel
7 persons
Established
2011
Company form
Private limited company
Industry

About MORE THAN EVENT ApS

MORE THAN EVENT ApS (CVR number: 34058458) is a company from HVIDOVRE. The company recorded a gross profit of 4404.3 kDKK in 2024. The operating profit was 887.4 kDKK, while net earnings were 644.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 70.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. MORE THAN EVENT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit872.172 680.652 648.503 259.044 404.26
EBIT- 857.68377.035.16640.90887.37
Net earnings- 885.23281.38-8.16475.85644.10
Shareholders equity total301.47582.83574.67742.501 096.27
Balance sheet total (assets)1 925.951 996.412 793.002 321.214 027.97
Net debt736.49495.45208.58359.13192.03
Profitability
EBIT-%
ROA-32.0 %19.2 %0.4 %25.7 %26.6 %
ROE-119.0 %63.6 %-1.4 %72.3 %70.1 %
ROI-52.7 %32.8 %0.8 %51.2 %56.0 %
Economic value added (EVA)- 966.21232.80-57.10510.43622.47
Solvency
Equity ratio15.7 %29.2 %20.6 %32.0 %27.2 %
Gearing251.2 %112.6 %114.9 %79.7 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.01.10.7
Current ratio0.81.11.21.40.9
Cash and cash equivalents20.82160.76451.58232.81375.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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