AB ENTERTAINMENT ApS — Credit Rating and Financial Key Figures

CVR number: 32471293
P.D. Løvs Allé 8, 2200 København N
mail@bernittmusic.com
tel: 31547474
Www.bernittmusic.com

Company information

Official name
AB ENTERTAINMENT ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About AB ENTERTAINMENT ApS

AB ENTERTAINMENT ApS (CVR number: 32471293) is a company from KØBENHAVN. The company recorded a gross profit of 3.6 kDKK in 2023. The operating profit was -27.2 kDKK, while net earnings were -23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.8 %, which can be considered poor and Return on Equity (ROE) was -78.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, 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. AB ENTERTAINMENT ApS's liquidity measured by quick ratio was 0.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit119.2462.00278.00142.003.58
EBIT113.6456.00176.0099.00-27.17
Net earnings98.8849.00198.0077.00-23.60
Shareholders equity total- 282.47- 233.00-35.0042.0018.42
Balance sheet total (assets)61.3252.00103.00127.0083.85
Net debt-5.32186.0057.00-6.0026.22
Profitability
EBIT-%
ROA28.6 %17.8 %83.2 %74.7 %-25.8 %
ROE149.8 %86.5 %255.5 %106.2 %-78.1 %
ROI1015.6 %53.3 %130.9 %123.8 %-35.9 %
Economic value added (EVA)133.2670.46236.6379.41-22.99
Solvency
Equity ratio-82.2 %-81.8 %-25.4 %33.1 %22.0 %
Gearing-80.7 %-200.0 %114.3 %234.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.41.00.8
Current ratio0.00.00.41.00.8
Cash and cash equivalents5.322.0013.0054.0016.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBB

Variable visualization

ROA:-25.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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