EVENT NETWORK DENMARK ApS

CVR number: 34895244
Sønderbrogade 16, 8700 Horsens

Credit rating

Company information

Official name
EVENT NETWORK DENMARK ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

EVENT NETWORK DENMARK ApS (CVR number: 34895244) is a company from HORSENS. The company recorded a gross profit of -223.1 kDKK in 2019. The operating profit was -224.8 kDKK, while net earnings were -238.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -94.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EVENT NETWORK DENMARK ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit1 660.002 012.00429.73- 223.08
EBIT- 723.00-1 740.00-1 133.78- 224.78
Net earnings- 991.00-1 875.00-1 245.93- 238.51
Shareholders equity total1 462.00- 413.00-1 659.37-1 897.88
Balance sheet total (assets)4 636.002 962.003 992.80105.49
Net debt- 802.001 746.00257.611 847.97
Profitability
EBIT-%
ROA-15.6 %-42.6 %-24.7 %-5.8 %
ROE-67.8 %-84.8 %-35.8 %-11.6 %
ROI-49.5 %-92.1 %-36.9 %-7.8 %
Economic value added (EVA)- 880.21-1 773.17-1 087.8644.97
Solvency
Equity ratio31.5 %-12.2 %-29.4 %-94.7 %
Gearing-542.1 %-229.8 %-102.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.60.1
Current ratio1.10.70.70.1
Cash and cash equivalents802.00493.003 556.03100.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCB

Variable visualization

ROA:-5.84%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-94.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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