Event Vejle IVS — Credit Rating and Financial Key Figures

Event Vejle IVS (CVR number: 37932175) is a company from VEJLE. The company reported a net sales of 0.1 mDKK in 2018. The operating profit percentage was at 0.3 % (EBIT: 0 mDKK), while net earnings were 0.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Event Vejle IVS's liquidity measured by quick ratio was 1.6 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.