Park Place Technologies Denmark A/S — Credit Rating and Financial Key Figures

Park Place Technologies Denmark A/S (CVR number: 75639511) is a company from AARHUS. The company recorded a gross profit of 9901.5 kDKK in 2023. The operating profit was 3362.1 kDKK, while net earnings were 2206.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -21.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Park Place Technologies Denmark A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.