PALFINGER MARINE DK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PALFINGER MARINE DK A/S
PALFINGER MARINE DK A/S (CVR number: 33261594) is a company from ODENSE. The company recorded a gross profit of -440.9 kDKK in 2024. The operating profit was -656.5 kDKK, while net earnings were -150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALFINGER MARINE DK A/S's liquidity measured by quick ratio was 15 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 | 18 180.45 | 17 651.55 | 14 536.91 | 11 011.38 | - 440.95 |
EBIT | 1 812.18 | 1 718.27 | 1 731.72 | 395.83 | - 656.51 |
Net earnings | 2 529.40 | 1 302.51 | 1 352.33 | - 208.70 | - 150.59 |
Shareholders equity total | 11 486.90 | 12 789.41 | 14 141.74 | 13 933.04 | 13 782.45 |
Balance sheet total (assets) | 16 489.17 | 14 984.70 | 15 942.03 | 14 546.53 | 14 766.03 |
Net debt | - 150.80 | - 213.10 | - 479.58 | 307.02 | -1 154.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.7 % | 10.9 % | 11.4 % | 5.5 % | -1.4 % |
ROE | 24.7 % | 10.7 % | 10.0 % | -1.5 % | -1.1 % |
ROI | 17.4 % | 14.1 % | 13.0 % | 5.9 % | -1.5 % |
Economic value added (EVA) | 2 111.20 | 760.02 | 703.20 | - 435.35 | -1 182.03 |
Solvency | |||||
Equity ratio | 69.7 % | 85.3 % | 88.7 % | 95.8 % | 93.3 % |
Gearing | 0.5 % | 0.8 % | 0.8 % | 2.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 6.7 | 8.8 | 23.7 | 15.0 |
Current ratio | 3.3 | 6.7 | 8.8 | 23.7 | 15.0 |
Cash and cash equivalents | 206.98 | 309.67 | 594.19 | 13.76 | 1 154.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | BB |
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