OLOF PALME PARKEN A/S — Credit Rating and Financial Key Figures

OLOF PALME PARKEN A/S (CVR number: 31150981) is a company from ASSENS. The company reported a net sales of 3.7 mDKK in 2023, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 33.6 % (EBIT: 1.2 mDKK), while net earnings were -267.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. OLOF PALME PARKEN A/S's liquidity measured by quick ratio was 15.3 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.