Q-PARK REAL ESTATE DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Q-PARK REAL ESTATE DENMARK ApS
Q-PARK REAL ESTATE DENMARK ApS (CVR number: 31629446) is a company from GLADSAXE. The company reported a net sales of 34.8 mDKK in 2023, demonstrating a growth of 12.1 % compared to the previous year. The operating profit percentage was at 67.8 % (EBIT: 23.6 mDKK), while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Q-PARK REAL ESTATE DENMARK ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 30.00 | 23.54 | 25.34 | 31.05 | 34.81 |
Gross profit | 29.47 | 23.15 | 24.90 | 30.00 | 31.40 |
EBIT | 21.77 | 15.44 | 17.19 | 22.25 | 23.60 |
Net earnings | 13.01 | 8.33 | 9.74 | 12.51 | 10.74 |
Shareholders equity total | 60.24 | 68.57 | 78.31 | 90.82 | 101.57 |
Balance sheet total (assets) | 344.45 | 340.39 | 340.44 | 353.18 | 350.62 |
Net debt | 257.29 | 235.47 | 247.56 | 238.38 | 222.23 |
Profitability | |||||
EBIT-% | 72.6 % | 65.6 % | 67.8 % | 71.7 % | 67.8 % |
ROA | 6.4 % | 4.5 % | 5.1 % | 6.4 % | 6.7 % |
ROE | 24.2 % | 12.9 % | 13.3 % | 14.8 % | 11.2 % |
ROI | 6.5 % | 4.5 % | 5.2 % | 6.8 % | 7.2 % |
Economic value added (EVA) | 8.33 | 3.32 | 5.31 | 8.26 | 9.25 |
Solvency | |||||
Equity ratio | 17.0 % | 19.4 % | 23.0 % | 25.7 % | 29.0 % |
Gearing | 452.4 % | 377.4 % | 316.4 % | 262.7 % | 219.0 % |
Relative net indebtedness % | 896.5 % | 1055.7 % | 1033.6 % | 844.3 % | 714.8 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.8 | 1.9 | 0.4 | 0.5 |
Current ratio | 1.4 | 1.8 | 1.9 | 0.4 | 0.5 |
Cash and cash equivalents | 15.27 | 23.32 | 0.23 | 0.23 | 0.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.9 | ||||
Net working capital % | 19.9 % | 44.4 % | 52.7 % | -47.4 % | -26.3 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AAA | AAA |
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