Credit rating
Company information
About Live Event Aarhus A/S
Live Event Aarhus A/S (CVR number: 36036974) is a company from AARHUS. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.3 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Live Event Aarhus A/S's liquidity measured by quick ratio was 5.9 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 | |||||
Gross profit | -65.21 | 19.86 | -10.41 | -16.30 | -11.31 |
EBIT | -78.32 | 10.97 | -17.53 | -16.30 | -11.31 |
Net earnings | -85.39 | -15.67 | -45.15 | -11.64 | -1.46 |
Shareholders equity total | - 554.88 | - 570.55 | 45.44 | 33.80 | 32.34 |
Balance sheet total (assets) | 58.48 | 15.76 | 55.44 | 43.80 | 38.91 |
Net debt | 530.39 | 549.51 | -7.63 | -4.74 | -38.91 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.3 % | 2.0 % | -5.5 % | -28.7 % | -26.3 % |
ROE | -25.8 % | -42.2 % | -147.5 % | -29.4 % | -4.4 % |
ROI | -16.9 % | 2.2 % | -5.8 % | -35.9 % | -32.9 % |
Economic value added (EVA) | -21.86 | 39.55 | 12.08 | -15.19 | -9.49 |
Solvency | |||||
Equity ratio | -90.5 % | -97.3 % | 82.0 % | 77.2 % | 83.1 % |
Gearing | -96.4 % | -97.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 5.5 | 4.4 | 5.9 |
Current ratio | 0.1 | 0.0 | 5.5 | 4.4 | 5.9 |
Cash and cash equivalents | 4.46 | 8.65 | 7.63 | 4.74 | 38.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | C | B | B |
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