I/S Heartland Festival — Credit Rating and Financial Key Figures

I/S Heartland Festival (CVR number: 37074446) is a company from KØBENHAVN. The company recorded a gross profit of -20516 kDKK in 2024. The operating profit was -20.8 mDKK, while net earnings were -20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -67.2 %, which can be considered poor and Return on Equity (ROE) was -68 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. I/S Heartland Festival's liquidity measured by quick ratio was 2.8 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.