OLE PALSBY DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 32473881
Sankt Annæ Gade 39, 1416 København K
mikkel@palsby.dk
tel: 39625318
olepalsby.dk

Company information

Official name
OLE PALSBY DESIGN ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About OLE PALSBY DESIGN ApS

OLE PALSBY DESIGN ApS (CVR number: 32473881) is a company from KØBENHAVN. The company recorded a gross profit of 66.7 kDKK in 2024. The operating profit was 66.7 kDKK, while net earnings were 62.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -82.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OLE PALSBY DESIGN ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit0.4080.64129.30165.9166.72
EBIT0.300.82128.52165.9166.72
Net earnings0.29-18.13107.31148.6062.36
Shareholders equity total-3.04-3 063.08-2 955.77-2 807.17-2 744.82
Balance sheet total (assets)0.81573.87424.79548.86592.35
Net debt3.413 466.313 326.953 213.123 131.22
Profitability
EBIT-%
ROA8.5 %0.1 %3.7 %5.0 %2.1 %
ROE42.3 %-6.3 %21.5 %30.5 %10.9 %
ROI9.0 %0.1 %3.8 %5.1 %2.1 %
Economic value added (EVA)0.290.8595.40128.6740.15
Solvency
Equity ratio-79.0 %-84.2 %-87.4 %-83.6 %-82.2 %
Gearing-118.7 %-116.2 %-112.9 %-117.6 %-120.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.1
Current ratio0.20.20.10.20.2
Cash and cash equivalents0.2093.509.8987.84170.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-82.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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