Palsgaard Solar A/S — Credit Rating and Financial Key Figures

CVR number: 36729465
Palsgaardvej 10, 7130 Juelsminde
direct@palsgaard.dk
tel: 76827683
www.palsgaard.com

Company information

Official name
Palsgaard Solar A/S
Established
2015
Company form
Limited company
Industry

About Palsgaard Solar A/S

Palsgaard Solar A/S (CVR number: 36729465) is a company from HEDENSTED. The company recorded a gross profit of -6 kDKK in 2024. The operating profit was -6 kDKK, while net earnings were -54 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Palsgaard Solar A/S's liquidity measured by quick ratio was 197.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.00-46.0032.00-5.00-6.00
EBIT-6.00-46.0032.00-5.00-6.00
Net earnings-5.00- 174.005.00- 307.00-54.00
Shareholders equity total476.00302.00307.002 500.0060 139.00
Balance sheet total (assets)501.001 804.001 810.002 506.0060 146.00
Net debt-2.001 429.001 130.00- 430.00- 817.00
Profitability
EBIT-%
ROA-1.2 %-16.0 %0.9 %-11.6 %-0.1 %
ROE-1.0 %-44.7 %1.6 %-21.9 %-0.2 %
ROI-1.3 %-16.2 %0.9 %-11.6 %-0.1 %
Economic value added (EVA)-29.17-59.92-65.78-94.31- 130.48
Solvency
Equity ratio95.0 %16.7 %17.0 %99.8 %100.0 %
Gearing495.7 %486.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio17.50.30.3229.5197.6
Current ratio17.50.30.3229.5197.6
Cash and cash equivalents2.0068.00362.00431.00818.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:-0.14%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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