Event Works ApS — Credit Rating and Financial Key Figures

CVR number: 38148192
Carlsgade 3 C, 2300 København S

Credit rating

Company information

Official name
Event Works ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Event Works ApS

Event Works ApS (CVR number: 38148192) is a company from KØBENHAVN. The company recorded a gross profit of 1067.6 kDKK in 2023. The operating profit was 197.8 kDKK, while net earnings were 146.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 57.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. Event Works ApS's liquidity measured by quick ratio was 1.9 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 profit842.89645.951 358.181 136.911 067.60
EBIT175.4910.4475.05258.17197.79
Net earnings132.970.9048.79192.66146.28
Shareholders equity total187.11132.71125.00260.46247.84
Balance sheet total (assets)458.74402.421 438.09751.45589.53
Net debt- 341.99-92.92-1 094.04- 392.06- 544.38
Profitability
EBIT-%
ROA53.4 %2.4 %8.2 %23.6 %29.5 %
ROE110.2 %0.6 %37.9 %100.0 %57.6 %
ROI145.4 %6.5 %57.0 %123.9 %70.4 %
Economic value added (EVA)137.9318.2251.68244.79158.57
Solvency
Equity ratio40.8 %33.0 %8.7 %34.7 %42.0 %
Gearing0.5 %4.0 %10.1 %11.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.51.11.71.9
Current ratio1.81.51.11.71.9
Cash and cash equivalents341.9993.601 099.04418.25572.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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