MALERFIRMAET RENÉ PALM ApS

MALERFIRMAET RENÉ PALM ApS (CVR number: 32886884) is a company from LOLLAND. The company recorded a gross profit of 2543.4 kDKK in 2023. The operating profit was 374.8 kDKK, while net earnings were 292.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 54.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. MALERFIRMAET RENÉ PALM ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.