PLAY BUSINESS ApS — Credit Rating and Financial Key Figures

PLAY BUSINESS ApS (CVR number: 35810447) is a company from GRIBSKOV. The company recorded a gross profit of 73.6 kDKK in 2023. The operating profit was 73.6 kDKK, while net earnings were 57.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. PLAY BUSINESS ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.