Palægade 2.0 ApS — Credit Rating and Financial Key Figures

CVR number: 41308605
Palægade 8, 1261 København K

Company information

Official name
Palægade 2.0 ApS
Personnel
44 persons
Established
2020
Company form
Private limited company
Industry

About Palægade 2.0 ApS

Palægade 2.0 ApS (CVR number: 41308605) is a company from KØBENHAVN. The company recorded a gross profit of 19.6 mDKK in 2023. The operating profit was 4302.7 kDKK, while net earnings were 3350.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.5 %, which can be considered excellent and Return on Equity (ROE) was 68.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Palægade 2.0 ApS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 177.7416 867.9017 769.4419 621.10
EBIT-1 173.923 766.213 952.464 302.66
Net earnings-1 002.802 848.533 079.703 350.17
Shareholders equity total- 962.801 885.733 965.435 815.60
Balance sheet total (assets)5 997.035 507.066 896.279 202.22
Net debt3 052.49- 459.39-1 097.61-1 680.71
Profitability
EBIT-%
ROA-16.9 %60.4 %63.7 %53.5 %
ROE-16.7 %72.3 %105.3 %68.5 %
ROI-26.6 %115.8 %127.0 %84.5 %
Economic value added (EVA)- 917.723 045.663 014.233 210.78
Solvency
Equity ratio-13.9 %34.9 %58.7 %64.3 %
Gearing-449.8 %3.3 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.91.2
Current ratio1.11.02.12.6
Cash and cash equivalents1 278.63522.361 097.611 728.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAAAA

Variable visualization

ROA:53.5%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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