PALMGREN HOLDING ApS — Credit Rating and Financial Key Figures

PALMGREN HOLDING ApS (CVR number: 32085326) is a company from GENTOFTE. The company recorded a gross profit of -5.4 kDKK in 2017. The operating profit was -5.4 kDKK, while net earnings were 15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALMGREN HOLDING ApS's liquidity measured by quick ratio was 15.8 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.