ODENSE SPORT & EVENT A/S — Credit Rating and Financial Key Figures

ODENSE SPORT & EVENT A/S (CVR number: 71172112K) is a company from ODENSE. The company reported a net sales of 324.4 mDKK in 2023, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 13.2 % (EBIT: 42.8 mDKK), while net earnings were 19 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. ODENSE SPORT & EVENT A/S's liquidity measured by quick ratio was 0.5 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.