The Venue Herning ApS — Credit Rating and Financial Key Figures

CVR number: 41412860
Klokkebakken 20, Gjellerup 7400 Herning

Company information

Official name
The Venue Herning ApS
Established
2020
Domicile
Gjellerup
Company form
Private limited company
Industry

About The Venue Herning ApS

The Venue Herning ApS (CVR number: 41412860) is a company from HERNING. The company recorded a gross profit of 72.9 kDKK in 2023. The operating profit was 72.9 kDKK, while net earnings were 55.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 57.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. The Venue Herning ApS's liquidity measured by quick ratio was 3 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.67-48.736 258.0372.91
EBIT-18.67-48.736 258.0372.91
Net earnings-27.05-50.974 771.5955.94
Shareholders equity total147.9596.9768.56124.50
Balance sheet total (assets)1 275.4022 336.421 875.01186.38
Net debt592.67-15 816.06- 615.45-73.42
Profitability
EBIT-%
ROA-1.5 %-0.4 %51.7 %7.1 %
ROE-18.3 %-41.6 %5765.1 %57.9 %
ROI-2.1 %-2.4 %281.8 %10.0 %
Economic value added (EVA)-18.67-36.205 822.91-93.90
Solvency
Equity ratio11.6 %2.7 %3.7 %66.8 %
Gearing511.6 %3114.0 %1833.1 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.06.51.03.0
Current ratio3.01.01.03.0
Cash and cash equivalents164.1618 835.781 872.2278.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCBB

Variable visualization

ROA:7.07%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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