Hestar Event ApS
APSDissolvedAdvertising protectionCVR 39749181Rue Hed 24, 5462 MorudSports activities n.e.c.· NACE 9319Est. 2018 · 8 years old— employees
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Overview
Hestar Event ApS is a Danish APS based in Morud, operating in the Sports activities n.e.c. sector. Incorporated in 2018, the company reported revenue of DKK 300.0k in its latest annual filing.
Revenue 2020
0.3M DKK
−14% vs 2019
EBITDA margin
86.5 %
+247% vs 2019
Net profit 2020
0.3M DKK
+243% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
2.5 %
Very weakAmong the 20% lowest rated companies in the industry
20192020
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 40% lowest rated companies in the industry
20192020
Return on assets (ROA)Net profit ÷ Total assets × 100
8.2 %
AverageAround the average of companies in the same industry
20192020
EBITDA — year on year
DKK thousandsKey figures
Annual report 2020| Revenue | 0.3M DKK | -14% |
| EBITDA | 0.3M DKK | +247% |
| Net profit | 0.3M DKK | +243% |
| Total assets | 3.1M DKK | +122% |
| Equity | 0.1M DKK | — |
| Employees | — | — |
Company information
Legal name
Hestar Event ApS
CVR number
39749181
Legal form
Anpartsselskab
NACE code
9319 · Sports activities n.e.c.
Founded
24 July 2018 · 8 years
Share capital
DKK 50,000
Employees
—
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af direktionen.
Contact
Address
Rue Hed 24, 5462 Morud
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2020), Hestar Event ApS reported revenue of DKK 300.0k, a decrease of 14% on the year before. The figures on this page draw on 2 annual filings covering 2019 to 2020. The bottom line showed a net profit of DKK 252.3k, and the EBITDA margin stood at 86.5%.
At the end of 2020, equity financed 2.5% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2020 | 2019 |
|---|---|---|
| Revenue | 300 | 350 |
| Staff expenses | -0 | -0 |
| EBITDA | 260 | -176 |
| Depreciation & amort. | -0 | -0 |
| EBIT | 260 | -176 |
| Net financials | 0 | 0 |
| Profit before tax | 260 | -176 |
| Tax | 7 | -0 |
| Net profit | 252 | -176 |
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Balance sheet
DKK thousands| Item | 2020 | 2019 |
|---|---|---|
| Total assets | 3,072 | 1,383 |
| Equity | 76 | 0 |
| Long-term debt | 0 | 0 |
| Short-term debt | 2,996 | 1,383 |
| Total debt | 2,996 | 1,383 |
Financial ratios
5-year trendEBITDA margin
86.5 %
20192020
Equity ratio
2.5 %
Very weakAmong the 20% lowest rated companies in the industry
20192020
Return on equity
332.8 %
Very strongAmong the 10% highest rated companies in the industry
20192020
Net profit margin
84.1 %
Very strongAmong the 20% highest rated companies in the industry
20192020
Asset turnover
0.10×
AverageAround the average of companies in the same industry
20192020
Debt / equity
39.52×
Very weakAmong the 10% lowest rated companies in the industry
20192020
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 10% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 20% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 10% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (4)
SD Management | Management | 2021 – 2022 |
OS Management | Management | 2021 – 2022 |
LB Management | Management | 2021 – 2022 |
RM Management | Management | 2021 – 2022 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 25–33.32% | 25–33.32% | 2018 | |
| Company | 25–33.32% | 25–33.32% | 2018 | |
| Individual | 25–33.32% | 25–33.32% | 2018 | |
| Individual | 25–33.32% | 25–33.32% | 2018 |
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Company hierarchy
Haarbygaard Holding ApS
Hestar Event ApS Board network connections
Board members of Hestar Event ApS also hold positions in 7 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stine Dissing Skotting Sandahl | Management | 3 companies |
| Rasmus Møller Jensen | Management | 3 companies |
| Lone Bertelsen | Management | 1 company |
Frequently asked questions
What is the CVR number of Hestar Event ApS?
Hestar Event ApS is registered with CVR / Virk under CVR 39749181.
What is the revenue of Hestar Event ApS?
Hestar Event ApS reported revenue of DKK 300.0k in 2020.
Where is Hestar Event ApS headquartered?
Hestar Event ApS's registered address is Rue Hed 24.