PALLE ANDERSEN ODENSE HOLDING ApS — Credit Rating and Financial Key Figures

PALLE ANDERSEN ODENSE HOLDING ApS (CVR number: 29445567) is a company from ODENSE. The company reported a net sales of 1.3 mDKK in 2018, demonstrating a growth of 10.8 % compared to the previous year. The operating profit percentage was at 92.3 % (EBIT: 1.2 mDKK), while net earnings were 1141.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77 %, which can be considered excellent and Return on Equity (ROE) was 70.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALLE ANDERSEN ODENSE HOLDING ApS's liquidity measured by quick ratio was 31.6 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.