PARTY LINE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PARTY LINE A/S
PARTY LINE A/S (CVR number: 27425836) is a company from GRIBSKOV. The company recorded a gross profit of -69.4 kDKK in 2024. The operating profit was -528.3 kDKK, while net earnings were -487.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.1 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PARTY LINE A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 454.51 | 1.66 | 112.28 | -95.02 | -69.39 |
EBIT | -1 043.38 | - 547.05 | -39.69 | - 288.27 | - 528.33 |
Net earnings | - 812.99 | - 496.05 | 242.72 | - 311.20 | - 487.08 |
Shareholders equity total | 2 337.73 | 1 841.68 | 2 084.40 | 1 773.19 | 1 286.11 |
Balance sheet total (assets) | 2 703.25 | 2 030.87 | 2 219.63 | 2 160.17 | 2 187.80 |
Net debt | - 889.42 | - 707.56 | - 516.06 | 137.37 | 266.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.0 % | -23.0 % | -1.6 % | -12.9 % | -24.1 % |
ROE | -29.6 % | -23.7 % | 12.4 % | -16.1 % | -31.8 % |
ROI | -35.5 % | -23.0 % | -1.7 % | -13.7 % | -25.3 % |
Economic value added (EVA) | - 972.85 | - 619.98 | - 120.73 | - 393.01 | - 565.65 |
Solvency | |||||
Equity ratio | 86.5 % | 90.7 % | 93.9 % | 82.1 % | 58.8 % |
Gearing | 15.1 % | 62.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.8 | 3.1 | 1.7 | ||
Current ratio | 14.2 | 5.6 | 2.3 | ||
Cash and cash equivalents | 889.42 | 707.56 | 516.06 | 131.15 | 541.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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