Area 51 Event ApS — Credit Rating and Financial Key Figures

Area 51 Event ApS (CVR number: 36914858) is a company from ESBJERG. The company recorded a gross profit of 512.6 kDKK in 2023. The operating profit was 512.6 kDKK, while net earnings were 397.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 111.7 %, which can be considered excellent and Return on Equity (ROE) was 428 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Area 51 Event ApS's liquidity measured by quick ratio was 1.6 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.