EVENT FINANCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EVENT FINANCE A/S
EVENT FINANCE A/S (CVR number: 27226779) is a company from HEDENSTED. The company recorded a gross profit of -105.3 kDKK in 2023. The operating profit was -105.3 kDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.6 %, 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 2.2 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 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 122.53 | - 105.32 | |
EBIT | - 122.53 | - 105.32 | |
Net earnings | 19 392.84 | 10 156.74 | |
Shareholders equity total | 69 294.20 | 71 601.76 | |
Balance sheet total (assets) | 74 912.93 | 73 353.04 | |
Net debt | - 392.27 | -23.03 | |
Profitability | |||
EBIT-% | |||
ROA | 26.0 % | 13.8 % | |
ROE | 28.0 % | 14.4 % | |
ROI | 27.6 % | 14.4 % | |
Economic value added (EVA) | 976.24 | - 104.59 | 1 851.61 |
Solvency | |||
Equity ratio | 92.5 % | 97.6 % | |
Gearing | 1.6 % | 0.1 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.8 | 2.2 | |
Current ratio | 0.8 | 2.2 | |
Cash and cash equivalents | 1 522.83 | 87.96 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A |
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