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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  6.9% 16.4% 9.5% 7.2% 14.1%  
Credit score (0-100)  44 16 26 44 15  
Credit rating  BB B B BB B  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  224 -18.0 25.6 550 165  
EBITDA  120 -54.8 15.0 364 -101  
EBIT  120 -57.9 11.9 361 -104  
Pre-tax profit (PTP)  118.4 -66.2 10.8 357.3 -100.1  
Net earnings  91.9 -66.2 21.6 274.6 -81.2  
Pre-tax profit without non-rec. items  118 -66.2 10.8 357 -100  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 12.5 9.4 6.3 3.1  
Shareholders equity total  184 118 139 414 333  
Interest-bearing liabilities  20.0 31.8 36.8 2.7 1.2  
Balance sheet total (assets)  524 173 250 563 438  

Net Debt  -313 15.6 -178 -540 -280  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  224 -18.0 25.6 550 165  
Gross profit growth  276.6% 0.0% 0.0% 2,048.0% -69.9%  
Employees  1 1 1 1 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 100.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  524 173 250 563 438  
Balance sheet change%  366.7% -66.9% 44.2% 125.3% -22.2%  
Added value  119.6 -54.8 15.0 364.2 -101.1  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  0 9 -6 -6 -6  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 -1.0 1.0 2.0 -1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  53.4% 321.8% 46.4% 65.6% -63.0%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  37.6% -16.6% 5.6% 88.8% -20.0%  
ROI %  80.5% -32.8% 7.3% 121.8% -26.7%  
ROE %  66.7% -43.9% 16.8% 99.2% -21.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  35.1% 68.0% 70.8% 73.5% 76.0%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -262.2% -28.5% -1,183.8% -148.4% 276.8%  
Gearing %  10.9% 27.0% 26.4% 0.6% 0.4%  
Net interest  0 0 0 0 0  
Financing costs %  11.1% 31.9% 3.1% 19.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.5 2.9 4.2 3.7 4.1  
Current Ratio  1.5 2.9 2.2 3.7 4.1  
Cash and cash equivalent  333.5 16.2 214.6 543.1 281.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  183.9 105.2 130.0 407.7 329.6  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  120 -55 15 364 -51  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  120 -55 15 364 -51  
EBIT / employee  120 -58 12 361 -52  
Net earnings / employee  92 -66 22 275 -41