PlayCo ApS — Credit Rating and Financial Key Figures

PlayCo ApS (CVR number: 38422987) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -44.8 kDKK in 2021. The operating profit was -44.8 kDKK, while net earnings were 1660.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PlayCo ApS's liquidity measured by quick ratio was 0 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.