TIVOLI & CRESCENDI ARTISTS ApS — Credit Rating and Financial Key Figures

CVR number: 30804139
Bakkevej 14, 4180 Sorø
oj@crescendiartists.com
tel: 21855860
www.crescendiartists.com

Credit rating

Company information

Official name
TIVOLI & CRESCENDI ARTISTS ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About TIVOLI & CRESCENDI ARTISTS ApS

TIVOLI & CRESCENDI ARTISTS ApS (CVR number: 30804139) is a company from SORØ. The company recorded a gross profit of 1756.2 kDKK in 2023. The operating profit was 980.2 kDKK, while net earnings were 747.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. TIVOLI & CRESCENDI ARTISTS ApS's liquidity measured by quick ratio was 3.5 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 profit2 228.011 210.382 046.884 061.591 756.17
EBIT338.65- 566.95620.363 299.93980.21
Net earnings251.68- 573.08605.432 572.32747.78
Shareholders equity total1 492.19919.121 524.553 096.861 844.64
Balance sheet total (assets)3 417.921 484.482 282.204 483.862 571.48
Net debt-1 470.49- 687.18-1 653.10-3 745.19-1 629.05
Profitability
EBIT-%
ROA9.8 %-22.7 %33.6 %97.7 %27.7 %
ROE13.9 %-47.5 %49.6 %111.3 %30.3 %
ROI15.2 %-34.5 %47.3 %137.6 %37.9 %
Economic value added (EVA)240.23- 537.89594.492 592.41801.52
Solvency
Equity ratio43.7 %61.9 %66.8 %69.1 %71.7 %
Gearing40.2 %8.5 %5.2 %3.3 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.52.73.23.5
Current ratio1.72.52.73.23.5
Cash and cash equivalents2 070.50764.931 732.583 848.711 737.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:27.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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