Palmegaarden ApS — Credit Rating and Financial Key Figures

CVR number: 39629305
Kettebakken 6, 2942 Skodsborg
tel: 28876070
Palmegaarden.dk

Company information

Official name
Palmegaarden ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Palmegaarden ApS

Palmegaarden ApS (CVR number: 39629305) is a company from RUDERSDAL. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -4.8 % compared to the previous year. The operating profit percentage was at 47.5 % (EBIT: 0.3 mDKK), while net earnings were 238.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 80.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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. Palmegaarden ApS's liquidity measured by quick ratio was 4.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales120.74442.30572.79676.03643.34
Gross profit99.33394.6597.29115.47339.12
EBIT7.9939.1973.49115.47305.90
Net earnings6.2330.5757.3290.07238.61
Shareholders equity total56.2386.8087.13177.20415.80
Balance sheet total (assets)419.231 228.801 286.131 344.601 452.10
Net debt-40.971 122.981 015.371 022.50776.27
Profitability
EBIT-%6.6 %8.9 %12.8 %17.1 %47.5 %
ROA3.4 %4.8 %5.8 %8.8 %21.9 %
ROE11.7 %42.7 %65.9 %68.2 %80.5 %
ROI3.4 %4.8 %6.0 %9.1 %22.6 %
Economic value added (EVA)6.2329.8054.2393.90237.57
Solvency
Equity ratio13.4 %7.1 %6.8 %13.2 %28.6 %
Gearing1315.6 %1310.8 %644.5 %233.0 %
Relative net indebtedness %266.7 %253.9 %187.2 %155.0 %131.1 %
Liquidity
Quick ratio2.57.94.6
Current ratio2.57.94.6
Cash and cash equivalents40.9719.02126.63119.50192.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %46.6 %7.8 %14.8 %25.8 %37.3 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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