Classic Car Events ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Classic Car Events ApS
Classic Car Events ApS (CVR number: 38244361) is a company from KØBENHAVN. The company recorded a gross profit of -0.5 kDKK in 2023. The operating profit was -0.5 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Classic Car Events ApS's liquidity measured by quick ratio was 2.4 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 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 310.00 | 90.00 | |||
Gross profit | 269.72 | 79.93 | -0.78 | -0.67 | -0.50 |
EBIT | 194.72 | 4.93 | -50.78 | -0.67 | -0.50 |
Net earnings | 150.30 | -0.28 | -22.07 | -0.62 | -0.59 |
Shareholders equity total | 149.63 | 157.15 | 135.08 | 134.46 | 133.87 |
Balance sheet total (assets) | 287.62 | 264.75 | 193.14 | 232.85 | 228.34 |
Net debt | -46.95 | 0.00 | -0.09 | 37.22 | 85.72 |
Profitability | |||||
EBIT-% | 62.8 % | 5.5 % | |||
ROA | 67.5 % | 1.8 % | -22.2 % | -0.3 % | -0.2 % |
ROE | 100.4 % | -0.2 % | -15.1 % | -0.5 % | -0.4 % |
ROI | 117.8 % | 3.1 % | -34.7 % | -0.4 % | -0.3 % |
Economic value added (EVA) | 151.92 | 0.56 | -38.18 | -7.45 | -7.02 |
Solvency | |||||
Equity ratio | 52.0 % | 59.4 % | 69.9 % | 57.7 % | 58.6 % |
Gearing | 10.5 % | 0.0 % | 31.2 % | 64.2 % | |
Relative net indebtedness % | 24.3 % | 119.6 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 3.3 | 2.4 | 2.4 | |
Current ratio | 0.5 | 3.3 | 2.4 | 2.4 | |
Cash and cash equivalents | 62.62 | 0.09 | 4.78 | 0.28 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -24.3 % | -119.6 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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