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GEG Event ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GEG Event ApS
GEG Event ApS (CVR number: 38050737) is a company from AALBORG. The company recorded a gross profit of -1889.5 kDKK in 2024. The operating profit was -1942.6 kDKK, while net earnings were -1917.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -98.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -81.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GEG Event ApS's liquidity measured by quick ratio was 89.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 910.41 | -6 696.75 | -4 284.98 | - 760.85 | -1 889.48 |
| EBIT | 910.41 | -6 696.75 | -4 295.46 | - 813.92 | -1 942.55 |
| Net earnings | 667.67 | -5 325.14 | -3 513.45 | - 964.38 | -1 917.73 |
| Shareholders equity total | 988.69 | -4 336.45 | -7 849.90 | -8 814.28 | -10 732.02 |
| Balance sheet total (assets) | 2 863.53 | 3 633.74 | 5 231.90 | 1 516.15 | 2 386.88 |
| Net debt | - 710.49 | 4 520.09 | 7 963.11 | 10 297.16 | 12 833.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 43.9 % | -122.9 % | -41.5 % | -7.7 % | -16.6 % |
| ROE | 102.0 % | -230.4 % | -79.3 % | -28.6 % | -98.3 % |
| ROI | 53.6 % | -190.6 % | -66.1 % | -9.7 % | -16.6 % |
| Economic value added (EVA) | 660.35 | -5 344.18 | -3 356.10 | - 649.01 | -1 623.65 |
| Solvency | |||||
| Equity ratio | 34.5 % | -61.2 % | -66.8 % | -85.3 % | -81.8 % |
| Gearing | 117.8 % | -111.3 % | -106.8 % | -116.9 % | -122.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.3 | 1.4 | 55.2 | 89.5 |
| Current ratio | 1.4 | 1.0 | 1.0 | 55.2 | 89.5 |
| Cash and cash equivalents | 1 874.68 | 305.19 | 422.28 | 7.76 | 259.17 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | B | B | BB | B |
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