PARKEN SPORT & ENTERTAINMENT A/S — Credit Rating and Financial Key Figures

PARKEN SPORT & ENTERTAINMENT A/S (CVR number: 15107707) is a company from KØBENHAVN. The company reported a net sales of 358.8 mDKK in 2019, demonstrating a growth of 14.2 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 45.6 mDKK), while net earnings were 124.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.