Palm Rasmussens Eftf. ApS — Credit Rating and Financial Key Figures

CVR number: 38287796
Svalehøjvej 1 B, 3650 Ølstykke

Credit rating

Company information

Official name
Palm Rasmussens Eftf. ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Palm Rasmussens Eftf. ApS

Palm Rasmussens Eftf. ApS (CVR number: 38287796) is a company from EGEDAL. The company recorded a gross profit of 1490.5 kDKK in 2023. The operating profit was 573 kDKK, while net earnings were 414.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35 %, which can be considered excellent and Return on Equity (ROE) was 32.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. Palm Rasmussens Eftf. ApS's liquidity measured by quick ratio was 4.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 517.991 782.111 208.981 275.561 490.53
EBIT317.29492.79-56.54-32.46572.98
Net earnings240.17368.73-69.33-17.33414.28
Shareholders equity total781.271 150.011 080.681 063.351 477.63
Balance sheet total (assets)1 378.751 736.771 503.311 403.521 873.46
Net debt-65.59- 510.35- 297.74- 354.35-1 240.80
Profitability
EBIT-%
ROA24.4 %31.6 %-3.5 %-2.2 %35.0 %
ROE36.3 %38.2 %-6.2 %-1.6 %32.6 %
ROI41.5 %46.1 %-4.7 %-2.8 %43.3 %
Economic value added (EVA)237.74343.62-91.30-57.68383.05
Solvency
Equity ratio56.7 %66.2 %71.9 %75.8 %78.9 %
Gearing13.2 %8.8 %8.7 %8.6 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.53.13.64.7
Current ratio2.22.63.33.84.7
Cash and cash equivalents168.97611.91391.43446.041 257.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:35.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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