EVENT FINANCE A/S — Credit Rating and Financial Key Figures

CVR number: 27226779
Helge Nielsens Alle 5, 8723 Løsning

Company information

Official name
EVENT FINANCE A/S
Established
2003
Company form
Limited company
Industry

About EVENT FINANCE A/S

EVENT FINANCE A/S (CVR number: 27226779) is a company from HEDENSTED. The company recorded a gross profit of -45.5 kDKK in 2024. The operating profit was -45.5 kDKK, while net earnings were 7900.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EVENT FINANCE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 122.53- 105.32-45.47
EBIT- 122.53- 105.32-45.47
Net earnings19 392.8410 156.747 900.86
Shareholders equity total69 294.2071 601.7673 376.64
Balance sheet total (assets)74 912.9373 353.0479 905.92
Net debt- 392.27-23.03- 919.25
Profitability
EBIT-%
ROA26.0 %13.8 %10.4 %
ROE28.0 %14.4 %10.9 %
ROI27.6 %14.4 %11.0 %
Economic value added (EVA)- 104.59-3 632.78-3 636.77
Solvency
Equity ratio92.5 %97.6 %91.8 %
Gearing1.6 %0.1 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.82.21.3
Current ratio0.82.21.3
Cash and cash equivalents1 522.8387.961 227.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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