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OLOF PALME PARKEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLOF PALME PARKEN A/S
OLOF PALME PARKEN A/S (CVR number: 31150981) is a company from ASSENS. The company reported a net sales of 3.7 mDKK in 2024, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 139.1 % (EBIT: 5.2 mDKK), while net earnings were 2839.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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 7.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 848.52 | 3 655.66 | 3 467.06 | 3 654.50 | 3 703.82 |
| Gross profit | 2 506.49 | 2 323.33 | 2 030.59 | 2 135.27 | 2 278.38 |
| EBIT | 895.49 | 4 090.33 | -2 530.41 | 1 229.27 | 5 153.38 |
| Net earnings | 295.85 | 1 955.19 | -2 827.33 | - 267.67 | 2 839.62 |
| Shareholders equity total | 21 076.07 | 23 031.26 | 20 203.92 | 19 936.25 | 22 775.88 |
| Balance sheet total (assets) | 79 189.41 | 81 219.39 | 77 328.14 | 91 187.66 | 93 787.20 |
| Net debt | 49 973.11 | 50 014.15 | 49 571.41 | 64 558.48 | 63 679.41 |
| Profitability | |||||
| EBIT-% | 23.3 % | 111.9 % | -73.0 % | 33.6 % | 139.1 % |
| ROA | 1.1 % | 5.1 % | -3.2 % | 1.9 % | 6.0 % |
| ROE | 1.4 % | 8.9 % | -13.1 % | -1.3 % | 13.3 % |
| ROI | 1.2 % | 5.2 % | -3.2 % | 1.9 % | 6.1 % |
| Economic value added (EVA) | -3 296.57 | - 690.35 | -5 972.77 | -2 847.29 | - 487.57 |
| Solvency | |||||
| Equity ratio | 27.1 % | 28.8 % | 26.5 % | 21.9 % | 24.3 % |
| Gearing | 237.7 % | 217.6 % | 248.1 % | 323.8 % | 280.1 % |
| Relative net indebtedness % | 1349.4 % | 1412.9 % | 1475.5 % | 1807.4 % | 1756.9 % |
| Liquidity | |||||
| Quick ratio | 0.1 | 1.2 | 1.5 | 7.0 | 7.6 |
| Current ratio | 0.0 | 0.3 | 0.6 | 7.0 | 7.6 |
| Cash and cash equivalents | 120.41 | 104.10 | 546.85 | 0.12 | 122.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -106.9 % | -33.2 % | -24.9 % | 372.4 % | 365.7 % |
| Credit risk | |||||
| Credit rating | A | AA | BBB | A | AA |
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