Nordic Event Company ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 2 069.52 | 2 569.57 | 1 404.10 | 1 152.84 |
EBIT | 984.10 | 1 708.23 | 297.49 | - 138.94 |
Net earnings | 742.84 | 1 325.71 | 213.88 | - 109.24 |
Shareholders equity total | 782.84 | 2 108.55 | 2 322.43 | 2 213.19 |
Balance sheet total (assets) | 1 463.80 | 3 024.58 | 3 519.45 | 3 196.39 |
Net debt | - 420.73 | -1 736.59 | -1 431.49 | - 693.10 |
Profitability | ||||
EBIT-% | ||||
ROA | 67.2 % | 76.1 % | 9.1 % | -4.1 % |
ROE | 94.9 % | 91.7 % | 9.7 % | -4.8 % |
ROI | 117.7 % | 115.9 % | 13.4 % | -6.0 % |
Economic value added (EVA) | 755.61 | 1 323.52 | 217.22 | - 149.99 |
Solvency | ||||
Equity ratio | 53.5 % | 69.7 % | 66.0 % | 75.8 % |
Gearing | 6.5 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.1 | 2.2 | 1.4 | 1.6 |
Current ratio | 1.1 | 2.2 | 1.9 | 1.9 |
Cash and cash equivalents | 471.23 | 1 736.59 | 1 431.49 | 693.10 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | BBB |
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