123fest.dk ApS — Credit Rating and Financial Key Figures

CVR number: 37835250
Dannevirkevej 5, 7000 Fredericia

Company information

Official name
123fest.dk ApS
Personnel
4 persons
Established
2016
Company form
Private limited company
Industry

About 123fest.dk ApS

123fest.dk ApS (CVR number: 37835250) is a company from FREDERICIA. The company recorded a gross profit of 1598.2 kDKK in 2023. The operating profit was 1082.1 kDKK, while net earnings were 830.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.7 %, which can be considered excellent and Return on Equity (ROE) was 71.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. 123fest.dk ApS's liquidity measured by quick ratio was 2.5 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 profit1 052.07674.251 428.471 558.801 598.23
EBIT472.92140.951 051.111 131.531 082.06
Net earnings361.0295.76813.38857.98830.47
Shareholders equity total873.51469.281 282.661 140.631 171.10
Balance sheet total (assets)1 401.401 317.832 450.353 308.901 897.05
Net debt- 629.96- 308.41-1 385.74-1 071.60-1 298.53
Profitability
EBIT-%
ROA33.5 %10.4 %55.8 %39.3 %41.7 %
ROE38.3 %14.3 %92.9 %70.8 %71.8 %
ROI44.0 %13.6 %70.5 %47.8 %54.0 %
Economic value added (EVA)336.5797.55840.37917.18921.31
Solvency
Equity ratio62.3 %35.6 %52.3 %34.5 %61.7 %
Gearing10.7 %126.5 %49.5 %147.0 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.21.91.52.5
Current ratio1.91.21.91.52.5
Cash and cash equivalents723.63902.072 020.502 747.821 324.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:41.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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