LIVE NATION DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LIVE NATION DENMARK ApS
LIVE NATION DENMARK ApS (CVR number: 15897309) is a company from KØBENHAVN. The company reported a net sales of 665 mDKK in 2024, demonstrating a decline of -3.4 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0.2 mDKK), while net earnings were -5582 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. LIVE NATION DENMARK ApS's liquidity measured by quick ratio was 5.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 48.35 | 117.69 | 427.77 | 688.72 | 665.00 |
| Gross profit | 27.98 | 23.34 | 48.10 | 58.76 | 51.27 |
| EBIT | -59.13 | -43.40 | 10.41 | 15.42 | -0.18 |
| Net earnings | -5.00 | -6.22 | 3.54 | 21.83 | -5.58 |
| Shareholders equity total | 50.85 | 44.63 | 48.17 | 70.00 | 40.42 |
| Balance sheet total (assets) | 319.74 | 378.03 | 527.99 | 482.23 | 410.90 |
| Net debt | - 188.43 | -97.32 | |||
| Profitability | |||||
| EBIT-% | -122.3 % | -36.9 % | 2.4 % | 2.2 % | -0.0 % |
| ROA | -20.0 % | -12.4 % | 2.3 % | 6.0 % | -1.2 % |
| ROE | -9.4 % | -13.0 % | 7.6 % | 36.9 % | -10.1 % |
| ROI | -20.0 % | -12.4 % | 2.3 % | 10.0 % | -6.6 % |
| Economic value added (EVA) | -61.93 | -45.95 | 8.17 | 9.29 | -4.39 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 55.6 % | 35.1 % |
| Gearing | 1.9 % | 59.7 % | |||
| Relative net indebtedness % | 30.7 % | 35.5 % | |||
| Liquidity | |||||
| Quick ratio | 8.9 | 5.4 | |||
| Current ratio | 1.1 | 1.0 | |||
| Cash and cash equivalents | 189.78 | 121.47 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 15.9 | 15.7 | |||
| Net working capital % | 5.7 % | 0.4 % | |||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | A | BBB |
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