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: 26447038) is a company from HEDENSTED. The company reported a net sales of 1690.2 mDKK in 2024, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 119.8 mDKK), while net earnings were 180.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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 0.6 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
2023
2024
Volume
Net sales1 677 676.001 690 192.00
Gross profit405 369.00429 100.00
EBIT105 081.00119 834.00
Net earnings126 124.00180 430.00
Shareholders equity total1 682 510.001 760 324.00
Balance sheet total (assets)2 278 444.002 633 765.00
Net debt305 173.00600 551.00
Profitability
EBIT-%6.3 %7.1 %
ROA7.4 %9.3 %
ROE7.5 %10.5 %
ROI8.1 %10.1 %
Economic value added (EVA)80 222.90-10 022.76
Solvency
Equity ratio73.8 %66.8 %
Gearing22.4 %35.4 %
Relative net indebtedness %29.6 %48.5 %
Liquidity
Quick ratio1.10.6
Current ratio1.81.0
Cash and cash equivalents71 723.0022 227.00
Capital use efficiency
Trade debtors turnover (days)39.738.2
Net working capital %18.3 %-1.8 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
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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