K/S OLOF PALMES ALLE — Credit Rating and Financial Key Figures

CVR number: 24253007
Hammershusgade 9, 2100 København Ø
info@proark.com

Credit rating

Company information

Official name
K/S OLOF PALMES ALLE
Established
1996
Company form
Limited partnership
Industry

About K/S OLOF PALMES ALLE

K/S OLOF PALMES ALLE (CVR number: 24253007) is a company from KØBENHAVN. The company recorded a gross profit of 151.7 kDKK in 2024. The operating profit was 251.7 kDKK, while net earnings were -4735.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -28.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. K/S OLOF PALMES ALLE's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit611.17- 147.601 277.0864.78151.72
EBIT611.176 852.401 300.08-1 335.22251.72
Net earnings- 797.795 279.42- 153.57-3 509.61-4 735.38
Shareholders equity total17 425.0922 704.5122 550.9419 041.3314 305.96
Balance sheet total (assets)118 771.63125 607.80125 788.02123 963.62124 142.43
Net debt99 856.83101 614.24102 335.93103 920.35106 286.13
Profitability
EBIT-%
ROA0.5 %5.6 %1.0 %-1.1 %0.2 %
ROE-4.5 %26.3 %-0.7 %-16.9 %-28.4 %
ROI0.5 %5.6 %1.0 %-1.1 %0.2 %
Economic value added (EVA)-4 641.821 669.78-4 075.00-6 436.31-4 422.39
Solvency
Equity ratio14.7 %18.1 %17.9 %15.4 %11.5 %
Gearing576.9 %449.6 %453.8 %546.0 %744.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.20.10.00.0
Current ratio0.90.20.10.00.0
Cash and cash equivalents673.00475.071.8847.75276.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.5%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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