Park Nord A/S — Credit Rating and Financial Key Figures

CVR number: 37383767
Ålborgvej 132, 9300 Sæby

Credit rating

Company information

Official name
Park Nord A/S
Established
2016
Company form
Limited company
Industry

About Park Nord A/S

Park Nord A/S (CVR number: 37383767) is a company from FREDERIKSHAVN. The company recorded a gross profit of 282.8 kDKK in 2023. The operating profit was 103.6 kDKK, while net earnings were -16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Park Nord A/S'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit198.96228.33174.42355.20282.78
EBIT97.34121.1946.77177.11103.58
Net earnings51.9387.6111.1787.62-16.32
Shareholders equity total4 577.614 665.215 621.385 709.015 692.68
Balance sheet total (assets)6 920.357 694.418 798.908 579.748 381.05
Net debt986.081 028.741 785.011 615.551 506.28
Profitability
EBIT-%
ROA1.5 %1.7 %0.6 %2.0 %1.2 %
ROE1.1 %1.9 %0.2 %1.5 %-0.3 %
ROI1.5 %1.8 %0.7 %2.3 %1.4 %
Economic value added (EVA)- 179.45- 151.95- 232.87- 188.53- 258.95
Solvency
Equity ratio66.1 %60.6 %63.9 %66.6 %67.9 %
Gearing47.8 %44.1 %34.3 %31.9 %30.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.81.20.30.30.3
Current ratio4.81.20.30.30.3
Cash and cash equivalents1 202.231 030.71144.69203.77216.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.23%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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