PALSGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 26447038
Palsgaardvej 10, 7130 Juelsminde
mlo@palsgaard.dk
tel: 76827683

Credit rating

Company information

Official name
PALSGAARD A/S
Personnel
388 persons
Established
2002
Company form
Limited company
Industry

About PALSGAARD A/S

PALSGAARD A/S (CVR number: 26447038K) is a company from HEDENSTED. The company reported a net sales of 2344.6 mDKK in 2024, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 236.5 mDKK), while net earnings were 184.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 497.591 786.452 491.572 312.522 344.62
Gross profit449.04525.42780.19645.23716.32
EBIT136.70152.99360.87192.84236.45
Net earnings97.38116.81263.15126.81184.88
Shareholders equity total1 193.981 333.701 580.291 707.581 783.45
Balance sheet total (assets)1 430.911 710.942 257.742 339.562 676.14
Net debt195.10334.14
Profitability
EBIT-%9.1 %8.6 %14.5 %8.3 %10.1 %
ROA9.8 %9.7 %18.2 %9.2 %10.5 %
ROE8.3 %9.2 %18.1 %7.8 %10.7 %
ROI9.8 %9.7 %18.2 %9.7 %11.8 %
Economic value added (EVA)78.6492.99293.8569.9688.56
Solvency
Equity ratio100.0 %100.0 %100.0 %73.0 %66.6 %
Gearing19.8 %30.4 %
Relative net indebtedness %19.9 %27.6 %
Liquidity
Quick ratio1.50.9
Current ratio2.71.6
Cash and cash equivalents142.34208.21
Capital use efficiency
Trade debtors turnover (days)61.157.4
Net working capital %30.5 %19.8 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:10.5%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer
Chief executive officer
Chief executive officer
Chief executive officer

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