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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 122.53 | - 105.32 | -45.47 |
EBIT | - 122.53 | - 105.32 | -45.47 |
Net earnings | 19 392.84 | 10 156.74 | 7 900.86 |
Shareholders equity total | 69 294.20 | 71 601.76 | 73 376.64 |
Balance sheet total (assets) | 74 912.93 | 73 353.04 | 79 905.92 |
Net debt | - 392.27 | -23.03 | - 919.25 |
Profitability | |||
EBIT-% | |||
ROA | 26.0 % | 13.8 % | 10.4 % |
ROE | 28.0 % | 14.4 % | 10.9 % |
ROI | 27.6 % | 14.4 % | 11.0 % |
Economic value added (EVA) | - 104.59 | -3 632.78 | -3 636.77 |
Solvency | |||
Equity ratio | 92.5 % | 97.6 % | 91.8 % |
Gearing | 1.6 % | 0.1 % | 0.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.8 | 2.2 | 1.3 |
Current ratio | 0.8 | 2.2 | 1.3 |
Cash and cash equivalents | 1 522.83 | 87.96 | 1 227.95 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | A |
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