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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales
Gross profit- 122.53- 105.32
EBIT- 122.53- 105.32
Net earnings19 392.8410 156.74
Shareholders equity total69 294.2071 601.76
Balance sheet total (assets)74 912.9373 353.04
Net debt- 392.27-23.03
Profitability
EBIT-%
ROA26.0 %13.8 %
ROE28.0 %14.4 %
ROI27.6 %14.4 %
Economic value added (EVA)976.24- 104.591 851.61
Solvency
Equity ratio92.5 %97.6 %
Gearing1.6 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.82.2
Current ratio0.82.2
Cash and cash equivalents1 522.8387.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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