Fonden Event Safety — Credit Rating and Financial Key Figures

CVR number: 38378686
Birkevej 20, 8660 Skanderborg

Credit rating

Company information

Official name
Fonden Event Safety
Personnel
16 persons
Established
2016
Industry
  • Expand more icon88Social work activities without accommodation

About Fonden Event Safety

Fonden Event Safety (CVR number: 38378686) is a company from SKANDERBORG. The company recorded a gross profit of 7254.7 kDKK in 2023. The operating profit was -152.9 kDKK, while net earnings were -197.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, 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. Fonden Event Safety'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 571.915 314.777 313.407 876.657 254.73
EBIT363.30- 268.411 570.381 034.26- 152.92
Net earnings251.46- 278.381 497.95957.14- 197.48
Shareholders equity total544.89266.511 764.462 721.612 400.99
Balance sheet total (assets)3 413.743 778.836 032.896 087.964 901.68
Net debt-1 151.29-1 557.82-2 327.64-4 460.38-3 698.48
Profitability
EBIT-%
ROA12.1 %-7.5 %32.0 %17.1 %-2.8 %
ROE60.0 %-68.6 %147.5 %42.7 %-7.7 %
ROI86.7 %-66.2 %137.5 %41.4 %-5.4 %
Economic value added (EVA)428.58- 237.941 635.261 075.33-52.78
Solvency
Equity ratio16.0 %8.1 %29.2 %44.7 %49.0 %
Gearing14.4 %9.3 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.92.22.3
Current ratio1.81.52.02.32.4
Cash and cash equivalents1 151.291 557.822 581.644 714.383 952.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:-2.78%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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