ColdFront Event IVS

CVR number: 38489496
Vesterbrogade 69 D, 1620 København V

Credit rating

Company information

Official name
ColdFront Event IVS
Established
2017
Company form
Entrepreneurial limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About the company

ColdFront Event IVS (CVR number: 38489496) is a company from KØBENHAVN. The company recorded a gross profit of 10.1 kDKK in 2018. The operating profit was 7 kDKK, while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ColdFront Event IVS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018
Volume
Net sales
Gross profit16.8610.09
EBIT16.137.02
Net earnings8.834.97
Shareholders equity total8.8313.79
Balance sheet total (assets)217.151 265.19
Net debt- 204.88-1 127.35
Profitability
EBIT-%
ROA7.6 %1.0 %
ROE100.0 %43.9 %
ROI186.4 %36.8 %
Economic value added (EVA)11.4514.52
Solvency
Equity ratio4.1 %1.1 %
Gearing140.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.0
Current ratio1.01.0
Cash and cash equivalents204.881 146.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.09%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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