Forever Entertainment ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Forever Entertainment ApS
Forever Entertainment ApS (CVR number: 39253410) is a company from AARHUS. The company recorded a gross profit of -603.3 kDKK in 2024. The operating profit was -603.3 kDKK, while net earnings were -516.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.2 %, which can be considered poor and Return on Equity (ROE) was -144.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Forever Entertainment ApS's liquidity measured by quick ratio was 6.3 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.00 | -1.00 | -11.75 | -30.50 | - 603.29 |
EBIT | -16.00 | -1.00 | -11.75 | -30.50 | - 603.29 |
Net earnings | -22.24 | - 109.11 | 9.47 | 58.92 | - 516.31 |
Shareholders equity total | 56.31 | -52.79 | -43.33 | 115.59 | 599.28 |
Balance sheet total (assets) | 116.72 | 10.11 | 30.33 | 123.84 | 4 393.21 |
Net debt | 36.72 | 45.29 | 56.97 | -24.71 | -2 683.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.3 % | -1.1 % | -17.2 % | -30.7 % | -26.2 % |
ROE | -33.0 % | -328.5 % | 46.8 % | 80.8 % | -144.4 % |
ROI | -13.9 % | -1.3 % | -19.5 % | -33.5 % | -165.5 % |
Economic value added (EVA) | -28.70 | -6.11 | -8.47 | -22.77 | - 532.27 |
Solvency | |||||
Equity ratio | 48.2 % | -83.9 % | -58.8 % | 93.3 % | 46.3 % |
Gearing | 80.6 % | -104.9 % | -151.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 0.2 | 0.4 | 15.0 | 6.3 |
Current ratio | 1.9 | 0.2 | 0.4 | 15.0 | 1.2 |
Cash and cash equivalents | 8.69 | 10.11 | 8.43 | 24.71 | 2 683.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | B | BB |
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