Credit rating
Company information
About ABC EVENTS IVS
ABC EVENTS IVS (CVR number: 36069341) is a company from HØJE TAASTRUP. The company reported a net sales of 0.2 mDKK in 2018, demonstrating a growth of 25.6 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 0 mDKK), while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent but Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. ABC EVENTS IVS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 128.91 | 152.61 | 191.73 |
Gross profit | -8.70 | 14.44 | 14.09 |
EBIT | -8.70 | 14.44 | 14.09 |
Net earnings | -8.70 | 14.44 | -2.95 |
Shareholders equity total | 13.30 | 27.74 | 24.79 |
Balance sheet total (assets) | 35.35 | 93.51 | 47.30 |
Net debt | -34.76 | -90.72 | -46.73 |
Profitability | |||
EBIT-% | -6.7 % | 9.5 % | 7.4 % |
ROA | -24.6 % | 22.4 % | 20.0 % |
ROE | -65.4 % | 70.4 % | -11.2 % |
ROI | -65.4 % | 70.4 % | 53.7 % |
Economic value added (EVA) | -8.70 | 16.01 | 13.84 |
Solvency | |||
Equity ratio | 37.6 % | 29.7 % | 52.4 % |
Gearing | |||
Relative net indebtedness % | -9.9 % | -16.3 % | -12.6 % |
Liquidity | |||
Quick ratio | 1.6 | 1.4 | 2.1 |
Current ratio | 1.6 | 1.4 | 2.1 |
Cash and cash equivalents | 34.76 | 90.72 | 46.73 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 10.3 % | 18.2 % | 12.9 % |
Credit risk | |||
Credit rating | B | B | C |
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