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Play23 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Play23 ApS
Play23 ApS (CVR number: 38788248) is a company from HELSINGØR. The company recorded a gross profit of -9 kDKK in 2025. The operating profit was -9 kDKK, while net earnings were 190.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. Play23 ApS's liquidity measured by quick ratio was 2.9 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.75 | -4.63 | -8.50 | -6.43 | -9.02 |
| EBIT | -4.75 | -4.63 | -8.50 | -6.43 | -9.02 |
| Net earnings | 144.25 | - 135.67 | 243.02 | 627.45 | 190.85 |
| Shareholders equity total | 1 027.06 | 834.20 | 1 018.32 | 1 584.76 | 1 708.12 |
| Balance sheet total (assets) | 2 168.29 | 1 948.13 | 1 858.98 | 2 575.06 | 2 293.16 |
| Net debt | -52.60 | 358.96 | 137.48 | - 142.08 | -1 142.57 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.2 % | 12.1 % | 16.5 % | 31.1 % | 9.8 % |
| ROE | 14.7 % | -14.6 % | 26.2 % | 48.2 % | 11.6 % |
| ROI | 11.9 % | 12.7 % | 16.7 % | 32.9 % | 10.4 % |
| Economic value added (EVA) | -59.37 | - 103.05 | - 104.32 | -97.02 | - 123.99 |
| Solvency | |||||
| Equity ratio | 47.4 % | 42.8 % | 54.8 % | 61.5 % | 74.5 % |
| Gearing | 92.7 % | 133.1 % | 79.5 % | 48.7 % | 29.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.8 | 0.9 | 1.1 | 2.9 |
| Current ratio | 0.9 | 0.8 | 0.9 | 1.1 | 2.9 |
| Cash and cash equivalents | 1 004.40 | 750.97 | 671.66 | 913.80 | 1 646.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
Variable visualization
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