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 -760.9 kDKK in 2023. The operating profit was -813.9 kDKK, while net earnings were -964.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -28.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -85.3 %. 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 55.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 946.54 | 910.41 | -6 696.75 | -4 284.98 | - 760.85 |
EBIT | - 234.27 | 910.41 | -6 696.75 | -4 295.46 | - 813.92 |
Net earnings | - 159.76 | 667.67 | -5 325.14 | -3 513.45 | - 964.38 |
Shareholders equity total | 321.02 | 988.69 | -4 336.45 | -7 849.90 | -8 814.28 |
Balance sheet total (assets) | 1 139.86 | 2 863.53 | 3 633.74 | 5 231.90 | 1 516.15 |
Net debt | 475.55 | - 710.49 | 4 520.09 | 7 963.11 | 10 297.16 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.5 % | 43.9 % | -122.9 % | -41.5 % | -7.7 % |
ROE | -39.8 % | 102.0 % | -230.4 % | -79.3 % | -28.6 % |
ROI | -26.2 % | 53.6 % | -190.6 % | -66.1 % | -9.7 % |
Economic value added (EVA) | - 189.15 | 728.76 | -5 183.22 | -3 086.55 | - 201.10 |
Solvency | |||||
Equity ratio | 28.2 % | 34.5 % | -61.2 % | -66.8 % | -85.3 % |
Gearing | 251.2 % | 117.8 % | -111.3 % | -106.8 % | -116.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.3 | 1.4 | 55.2 |
Current ratio | 1.2 | 1.4 | 1.0 | 1.0 | 55.2 |
Cash and cash equivalents | 330.99 | 1 874.68 | 305.19 | 422.28 | 7.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | B | B | BB |
Variable visualization
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