LIVE NATION DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 15897309
Frederiksberg Allé 3, 1621 København V
support@livenation.dk
tel: 35254101

Company information

Official name
LIVE NATION DENMARK ApS
Personnel
644 persons
Established
1992
Company form
Private limited company
Industry

About LIVE NATION DENMARK ApS

LIVE NATION DENMARK ApS (CVR number: 15897309) is a company from KØBENHAVN. The company reported a net sales of 688.7 mDKK in 2023, demonstrating a growth of 61 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 15.4 mDKK), while net earnings were 21.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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. LIVE NATION DENMARK ApS's liquidity measured by quick ratio was 8.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales467.9648.35117.69427.77688.72
Gross profit43.7727.9823.3448.1058.76
EBIT14.48-59.13-43.406.7015.42
Net earnings10.39-5.00-6.223.5421.83
Shareholders equity total55.8550.8544.6348.1770.00
Balance sheet total (assets)270.67319.74378.03527.99482.23
Net debt- 209.73- 188.43
Profitability
EBIT-%3.1 %-122.3 %-36.9 %1.6 %2.2 %
ROA4.6 %-20.0 %-12.4 %0.9 %6.0 %
ROE20.5 %-9.4 %-13.0 %7.6 %36.9 %
ROI9.0 %-20.0 %-12.4 %1.9 %38.0 %
Economic value added (EVA)20.44-61.93-45.954.4422.56
Solvency
Equity ratio100.0 %100.0 %100.0 %39.1 %55.6 %
Gearing44.0 %1.9 %
Relative net indebtedness %56.3 %30.7 %
Liquidity
Quick ratio6.48.9
Current ratio1.01.1
Cash and cash equivalents230.93189.78
Capital use efficiency
Trade debtors turnover (days)20.615.9
Net working capital %3.9 %5.7 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:6.01%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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