SØREN PALM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN PALM HOLDING ApS
SØREN PALM HOLDING ApS (CVR number: 30487796) is a company from TÅRNBY. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -1.2 kDKK, while net earnings were -63.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.5 %, which can be considered excellent but Return on Equity (ROE) was -55.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. SØREN PALM HOLDING ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.25 | -1.25 | -1.25 | -1.25 | -1.25 |
| EBIT | -1.25 | -1.25 | -1.25 | -1.25 | -1.25 |
| Net earnings | -0.65 | 123.69 | -63.52 | ||
| Shareholders equity total | 22.84 | 22.84 | 22.20 | 145.88 | 82.36 |
| Balance sheet total (assets) | 60.25 | 60.25 | 59.87 | 183.55 | 120.03 |
| Net debt | -60.25 | -60.25 | -59.87 | -60.08 | -60.31 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.1 % | -4.1 % | -3.7 % | -103.3 % | 40.5 % |
| ROE | -2.9 % | 147.2 % | -55.7 % | ||
| ROI | -1.2 % | 147.2 % | -55.7 % | ||
| Economic value added (EVA) | -2.40 | -2.40 | -2.40 | -2.37 | -8.58 |
| Solvency | |||||
| Equity ratio | 37.9 % | 37.9 % | 37.1 % | 79.5 % | 68.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.6 | 1.6 | 3.2 | 3.2 |
| Current ratio | 1.6 | 1.6 | 1.6 | 3.2 | 3.2 |
| Cash and cash equivalents | 60.25 | 60.25 | 59.87 | 60.08 | 60.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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