PARK STREET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PARK STREET A/S
PARK STREET A/S (CVR number: 12932502) is a company from KØBENHAVN. The company reported a net sales of 186.1 mDKK in 2019, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 58.7 % (EBIT: 109.2 mDKK), while net earnings were 115.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. PARK STREET A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 167.66 | 167.38 | 186.09 |
Gross profit | 132.11 | 142.40 | 139.85 |
EBIT | 100.89 | 118.34 | 109.18 |
Net earnings | 360.14 | 108.29 | 115.05 |
Shareholders equity total | 554.95 | 810.65 | 931.13 |
Balance sheet total (assets) | 2 488.78 | 2 484.27 | 2 572.11 |
Net debt | 1 763.32 | 1 434.53 | 1 383.01 |
Profitability | |||
EBIT-% | 60.2 % | 70.7 % | 58.7 % |
ROA | 4.1 % | 4.8 % | 4.3 % |
ROE | 64.9 % | 15.9 % | 13.2 % |
ROI | 4.4 % | 5.1 % | 4.6 % |
Economic value added (EVA) | 81.03 | -1.54 | -2.92 |
Solvency | |||
Equity ratio | 22.3 % | 32.6 % | 36.2 % |
Gearing | 321.3 % | 183.6 % | 154.2 % |
Relative net indebtedness % | 1141.5 % | 967.7 % | 853.3 % |
Liquidity | |||
Quick ratio | 0.1 | 0.7 | 1.1 |
Current ratio | 0.1 | 0.7 | 1.1 |
Cash and cash equivalents | 19.95 | 53.80 | 53.07 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -169.5 % | -17.3 % | 5.0 % |
Credit risk | |||
Credit rating | A | AA | AAA |
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