DTD Concerts ApS — Credit Rating and Financial Key Figures

CVR number: 36403675
Studsgade 35 B, 8000 Aarhus C
oko@downthedrain.dk

Credit rating

Company information

Official name
DTD Concerts ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About DTD Concerts ApS

DTD Concerts ApS (CVR number: 36403675) is a company from AARHUS. The company recorded a gross profit of 4203.1 kDKK in 2023. The operating profit was 944.4 kDKK, while net earnings were 1762.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -8.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DTD Concerts ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 116.402 811.092 551.7911 157.624 203.05
EBIT- 942.44-1 119.17-70.036 376.25944.38
Net earnings- 950.69-1 299.05-1 381.815 461.311 762.27
Shareholders equity total-5 969.89-7 268.94-8 650.74-3 189.43-1 427.17
Balance sheet total (assets)40 331.9629 065.3626 923.4218 354.3644 443.35
Net debt-29 549.88-17 481.12-12 630.431 313.88-39 056.68
Profitability
EBIT-%
ROA-1.6 %-2.7 %-0.1 %22.4 %3.8 %
ROE-1.8 %-3.7 %-4.9 %24.1 %5.6 %
ROI-519.2 %-620.6 %-61.4 %252.3 %50.4 %
Economic value added (EVA)2 307.83649.151 198.636 623.801 673.48
Solvency
Equity ratio-45.1 %-160.5 %-100.8 %-29.4 %-8.6 %
Gearing-2.0 %-1.3 %-0.4 %-158.1 %-0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.09.89.01.62.7
Current ratio0.90.80.90.81.0
Cash and cash equivalents29 668.0817 573.8812 668.723 729.2739 058.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.77%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.62%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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