True Eyes Live Production ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About True Eyes Live Production ApS
True Eyes Live Production ApS (CVR number: 42483826) is a company from SKIVE. The company recorded a gross profit of 50.5 kDKK in 2024. The operating profit was -3.9 kDKK, while net earnings were -4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. True Eyes Live Production ApS's liquidity measured by quick ratio was 2.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 199.65 | 27.15 | 81.18 | 50.45 | |
EBIT | 176.99 | -27.24 | 26.80 | -3.93 | |
Net earnings | 132.18 | -28.76 | 16.05 | -4.29 | |
Shareholders equity total | 172.18 | 143.42 | 159.47 | 155.18 | |
Balance sheet total (assets) | 583.85 | 321.21 | 287.92 | 207.72 | |
Net debt | - 319.72 | - 126.33 | - 136.24 | - 111.39 | |
Profitability | |||||
EBIT-% | |||||
ROA | 30.3 % | -6.0 % | 8.8 % | -1.4 % | |
ROE | 76.8 % | -18.2 % | 10.6 % | -2.7 % | |
ROI | 97.2 % | -16.6 % | 17.3 % | -2.2 % | |
Economic value added (EVA) | 137.58 | -13.89 | 20.04 | -4.19 | |
Solvency | |||||
Equity ratio | 29.5 % | 44.6 % | 55.4 % | 74.7 % | |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 1.2 | 2.3 | |
Current ratio | 0.8 | 0.7 | 1.2 | 2.3 | |
Cash and cash equivalents | 319.72 | 126.33 | 136.24 | 111.39 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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