Nordic Event Company ApS — Credit Rating and Financial Key Figures

CVR number: 40667466
Aalykkevej 20, 9500 Hobro

Credit rating

Company information

Official name
Nordic Event Company ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Nordic Event Company ApS

Nordic Event Company ApS (CVR number: 40667466) is a company from MARIAGERFJORD. The company recorded a gross profit of 1152.8 kDKK in 2023. The operating profit was -138.9 kDKK, while net earnings were -109.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Event Company ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
Volume
Net sales
Gross profit2 069.522 569.571 404.101 152.84
EBIT984.101 708.23297.49- 138.94
Net earnings742.841 325.71213.88- 109.24
Shareholders equity total782.842 108.552 322.432 213.19
Balance sheet total (assets)1 463.803 024.583 519.453 196.39
Net debt- 420.73-1 736.59-1 431.49- 693.10
Profitability
EBIT-%
ROA67.2 %76.1 %9.1 %-4.1 %
ROE94.9 %91.7 %9.7 %-4.8 %
ROI117.7 %115.9 %13.4 %-6.0 %
Economic value added (EVA)755.611 323.52217.22- 149.99
Solvency
Equity ratio53.5 %69.7 %66.0 %75.8 %
Gearing6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.21.41.6
Current ratio1.12.21.91.9
Cash and cash equivalents471.231 736.591 431.49693.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-4.07%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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