PALSGAARD A/S — Credit Rating and Financial Key Figures

PALSGAARD A/S (CVR number: 26447038K) is a company from HEDENSTED. The company reported a net sales of 2312.5 mDKK in 2023, demonstrating a decline of -7.2 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 192.8 mDKK), while net earnings were 126.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73 %, 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. PALSGAARD A/S's liquidity measured by quick ratio was 1.5 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.