Party Performance ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Party Performance ApS
Party Performance ApS (CVR number: 37522708) is a company from VEJLE. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -37.5 % compared to the previous year. The operating profit percentage was poor at -4.3 % (EBIT: -0.1 mDKK), while net earnings were -277.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Party Performance ApS's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 581.28 | 1 614.44 | |||
Gross profit | 342.75 | 239.33 | 403.49 | 1 409.17 | 1 096.52 |
EBIT | - 100.25 | -38.23 | 35.17 | 263.43 | -70.19 |
Net earnings | - 112.73 | -43.56 | 30.38 | 156.04 | - 277.47 |
Shareholders equity total | -32.80 | -76.36 | -5.98 | 104.62 | - 237.47 |
Balance sheet total (assets) | 53.67 | 68.02 | 231.17 | 1 974.75 | 2 282.10 |
Net debt | -6.78 | -23.69 | -37.35 | 968.51 | 770.62 |
Profitability | |||||
EBIT-% | 10.2 % | -4.3 % | |||
ROA | -80.9 % | -33.1 % | 19.0 % | 23.9 % | -3.1 % |
ROE | -168.8 % | -71.6 % | 20.3 % | 92.9 % | -23.3 % |
ROI | -175.1 % | -411.8 % | 3117.0 % | 48.9 % | -4.3 % |
Economic value added (EVA) | -99.38 | -34.24 | 42.32 | 219.52 | -64.26 |
Solvency | |||||
Equity ratio | -37.9 % | -52.9 % | -2.5 % | 5.3 % | -9.4 % |
Gearing | -49.5 % | -3.1 % | 933.3 % | -902.4 % | |
Relative net indebtedness % | 64.4 % | 71.1 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.2 | 0.6 | 0.5 | 2.7 |
Current ratio | 0.5 | 0.2 | 0.6 | 0.5 | 2.7 |
Cash and cash equivalents | 23.01 | 26.02 | 37.35 | 7.88 | 1 372.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.3 | 111.9 | |||
Net working capital % | -13.5 % | 73.1 % | |||
Credit risk | |||||
Credit rating | B | B | B | BBB | BBB |
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