SPORTS GROUP DENMARK A/S — Credit Rating and Financial Key Figures

SPORTS GROUP DENMARK A/S (CVR number: 34704074) is a company from SILKEBORG. The company reported a net sales of 940.8 mDKK in 2023, demonstrating a decline of -8.4 % compared to the previous year. The operating profit percentage was poor at -2 % (EBIT: -18.5 mDKK), while net earnings were -1234.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. SPORTS GROUP DENMARK A/S's liquidity measured by quick ratio was 5.9 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.