Palsgaard Solar A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.00 | -46.00 | 32.00 | -5.00 | -6.00 |
EBIT | -6.00 | -46.00 | 32.00 | -5.00 | -6.00 |
Net earnings | -5.00 | - 174.00 | 5.00 | - 307.00 | -54.00 |
Shareholders equity total | 476.00 | 302.00 | 307.00 | 2 500.00 | 60 139.00 |
Balance sheet total (assets) | 501.00 | 1 804.00 | 1 810.00 | 2 506.00 | 60 146.00 |
Net debt | -2.00 | 1 429.00 | 1 130.00 | - 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 ratio | 95.0 % | 16.7 % | 17.0 % | 99.8 % | 100.0 % |
Gearing | 495.7 % | 486.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.5 | 0.3 | 0.3 | 229.5 | 197.6 |
Current ratio | 17.5 | 0.3 | 0.3 | 229.5 | 197.6 |
Cash and cash equivalents | 2.00 | 68.00 | 362.00 | 431.00 | 818.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | A |
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