Finest Event Group ApS — Credit Rating and Financial Key Figures

CVR number: 28673361
Nørregade 45 B, 1165 København K
betina@projektnemo.dk
tel: 22242281

Credit rating

Company information

Official name
Finest Event Group ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About Finest Event Group ApS

Finest Event Group ApS (CVR number: 28673361) is a company from KØBENHAVN. The company recorded a gross profit of 830.7 kDKK in 2024. The operating profit was 307.6 kDKK, while net earnings were 207.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 34.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. Finest Event Group ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 365.83352.081 744.28303.75830.71
EBIT- 811.87174.931 180.56- 336.59307.57
Net earnings- 826.006.891 015.41- 217.46207.31
Shareholders equity total- 293.81- 286.92713.50496.03703.34
Balance sheet total (assets)405.01462.563 329.182 433.352 574.61
Net debt432.69-88.55-1 709.85- 911.41- 431.40
Profitability
EBIT-%
ROA-70.4 %24.2 %57.9 %-11.5 %12.5 %
ROE-176.3 %1.6 %172.7 %-36.0 %34.6 %
ROI-88.1 %34.7 %159.1 %-26.5 %21.6 %
Economic value added (EVA)- 784.05149.101 061.07- 150.81297.71
Solvency
Equity ratio-42.0 %-38.3 %21.4 %20.4 %27.3 %
Gearing-215.9 %-130.4 %52.4 %182.1 %115.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.61.31.21.4
Current ratio0.60.61.31.21.4
Cash and cash equivalents201.67462.562 083.851 814.511 242.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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