CORPORATE TRAVEL & EVENTS ApS — Credit Rating and Financial Key Figures

CVR number: 33037430
Vævervej 9 A, 8800 Viborg
jr@cte.dk
tel: 40500351
www.cte.dk

Company information

Official name
CORPORATE TRAVEL & EVENTS ApS
Personnel
11 persons
Established
2010
Company form
Private limited company
Industry

About CORPORATE TRAVEL & EVENTS ApS

CORPORATE TRAVEL & EVENTS ApS (CVR number: 33037430) is a company from VIBORG. The company recorded a gross profit of 14.1 mDKK in 2023. The operating profit was 11.3 mDKK, while net earnings were 8765 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.3 %, which can be considered excellent and Return on Equity (ROE) was 88.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. CORPORATE TRAVEL & EVENTS ApS's liquidity measured by quick ratio was 3.4 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 profit3 647.681 114.627 750.9413 263.8314 063.08
EBIT1 157.3926.757 054.7111 577.1211 284.90
Net earnings873.88-8.875 471.288 851.998 765.00
Shareholders equity total1 697.44838.576 309.859 828.509 926.83
Balance sheet total (assets)2 641.262 964.2910 413.1514 113.4514 001.26
Net debt-2 393.74-1 745.44- 831.11-2 456.13-9 739.41
Profitability
EBIT-%
ROA30.7 %1.0 %105.5 %94.4 %80.3 %
ROE43.5 %-0.7 %153.1 %109.7 %88.7 %
ROI56.0 %2.0 %197.3 %143.5 %114.3 %
Economic value added (EVA)930.4361.745 546.898 751.568 423.92
Solvency
Equity ratio64.3 %28.3 %60.6 %69.6 %70.9 %
Gearing6.7 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.21.42.53.33.4
Current ratio3.21.42.53.33.4
Cash and cash equivalents2 507.761 746.63831.332 456.139 739.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:80.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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