PARKEN SPORT & ENTERTAINMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PARKEN SPORT & ENTERTAINMENT A/S
PARKEN SPORT & ENTERTAINMENT A/S (CVR number: 15107707K) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 279.5 mDKK, while net earnings were 229.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. PARKEN SPORT & ENTERTAINMENT 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 541 668.00 | 1 183 092.00 | |||
Gross profit | 541 668.00 | 1 183 092.00 | |||
EBIT | - 249 245.00 | 160 058.00 | 308 856.00 | 477 961.00 | 279 505.00 |
Net earnings | - 229 354.00 | 67 212.00 | 190 908.00 | 335 029.00 | 229 937.00 |
Shareholders equity total | 652 581.00 | 750 051.00 | 1 036 995.00 | 1 276 788.00 | 1 402 485.00 |
Balance sheet total (assets) | 2 870 109.00 | 2 784 700.00 | 3 177 387.00 | 3 427 674.00 | 3 510 168.00 |
Net debt | - 169.00 | 150 015.00 | 39 643.00 | -62 920.00 | -7 268.00 |
Profitability | |||||
EBIT-% | -46.0 % | 13.5 % | |||
ROA | -8.9 % | 5.7 % | 10.5 % | 14.6 % | 10.5 % |
ROE | -31.2 % | 10.1 % | 22.5 % | 30.3 % | 17.9 % |
ROI | -9.3 % | 7.1 % | 13.4 % | 18.8 % | 13.3 % |
Economic value added (EVA) | - 292 452.68 | 64 208.68 | 176 915.16 | 316 045.98 | 140 061.52 |
Solvency | |||||
Equity ratio | 22.7 % | 26.9 % | 32.6 % | 37.2 % | 40.0 % |
Gearing | 12.9 % | 23.1 % | 6.6 % | 5.7 % | 8.1 % |
Relative net indebtedness % | 393.8 % | 170.0 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 0.5 | 0.9 | 0.7 |
Current ratio | 1.1 | 0.5 | 0.7 | 1.1 | 1.1 |
Cash and cash equivalents | 84 470.00 | 23 034.00 | 28 530.00 | 135 179.00 | 120 610.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 112.3 | 51.5 | |||
Net working capital % | 10.8 % | -25.8 % | |||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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