Palm Deco ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Palm Deco ApS
Palm Deco ApS (CVR number: 43234439) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 33.7 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 0 mDKK), while net earnings were 48.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 64.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. Palm Deco ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 198.57 | 265.57 |
Gross profit | -48.21 | 62.66 |
EBIT | -51.55 | 32.96 |
Net earnings | -52.38 | 48.75 |
Shareholders equity total | -12.38 | 56.23 |
Balance sheet total (assets) | 94.51 | 206.51 |
Net debt | -23.11 | 127.80 |
Profitability | ||
EBIT-% | -26.0 % | 12.4 % |
ROA | -48.2 % | 21.2 % |
ROE | -55.4 % | 64.7 % |
ROI | 34.1 % | |
Economic value added (EVA) | -51.55 | 25.19 |
Solvency | ||
Equity ratio | -11.6 % | 27.2 % |
Gearing | 247.1 % | |
Relative net indebtedness % | 42.2 % | 52.4 % |
Liquidity | ||
Quick ratio | 0.8 | 0.7 |
Current ratio | 0.8 | 1.3 |
Cash and cash equivalents | 23.11 | 11.18 |
Capital use efficiency | ||
Trade debtors turnover (days) | 69.8 | 121.1 |
Net working capital % | -8.3 % | 14.7 % |
Credit risk | ||
Credit rating | B | BB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.