Palm Deco ApS — Credit Rating and Financial Key Figures

CVR number: 43234439
Else Alfelts Vej 70 A, 2300 København S
info@palmdeco.dk
tel: 40828260
www.palmdeco.dk

Company information

Official name
Palm Deco ApS
Established
2022
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales198.57265.57
Gross profit-48.2162.66
EBIT-51.5532.96
Net earnings-52.3848.75
Shareholders equity total-12.3856.23
Balance sheet total (assets)94.51206.51
Net debt-23.11127.80
Profitability
EBIT-%-26.0 %12.4 %
ROA-48.2 %21.2 %
ROE-55.4 %64.7 %
ROI34.1 %
Economic value added (EVA)-51.5524.03
Solvency
Equity ratio-11.6 %27.2 %
Gearing247.1 %
Relative net indebtedness %42.2 %52.4 %
Liquidity
Quick ratio0.80.7
Current ratio0.81.3
Cash and cash equivalents23.1111.18
Capital use efficiency
Trade debtors turnover (days)69.8121.1
Net working capital %-8.3 %14.7 %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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