Livefest.dk ApS — Credit Rating and Financial Key Figures

Livefest.dk ApS (CVR number: 43217038) is a company from Høje-Taastrup. The company recorded a gross profit of 97.7 kDKK in 2023. The operating profit was -221.1 kDKK, while net earnings were -234.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.4 %, which can be considered poor and Return on Equity (ROE) was -100.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -58.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Livefest.dk ApS's liquidity measured by quick ratio was 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.