PALÆO CITY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PALÆO CITY ApS
PALÆO CITY ApS (CVR number: 36922125) is a company from GENTOFTE. The company recorded a gross profit of -456.6 kDKK in 2024. The operating profit was -554.8 kDKK, while net earnings were -465.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -93 %, which can be considered poor and Return on Equity (ROE) was -126.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PALÆO CITY ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 119.94 | - 100.30 | 8.59 | - 217.00 | - 456.58 |
| EBIT | -82.49 | - 299.75 | - 294.99 | - 422.00 | - 554.81 |
| Net earnings | - 127.39 | - 357.21 | - 261.70 | - 379.00 | - 465.31 |
| Shareholders equity total | - 931.81 | 210.97 | 299.27 | -80.00 | 190.52 |
| Balance sheet total (assets) | 1 211.61 | 989.62 | 688.11 | 543.00 | 569.40 |
| Net debt | 1 600.63 | 459.81 | -41.19 | 140.00 | -25.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.9 % | -19.1 % | -35.2 % | -64.4 % | -93.0 % |
| ROE | -10.0 % | -50.2 % | -102.6 % | -90.0 % | -126.9 % |
| ROI | -5.0 % | -24.6 % | -58.3 % | -154.5 % | -273.5 % |
| Economic value added (EVA) | - 119.71 | - 340.96 | - 291.58 | - 393.85 | - 459.33 |
| Solvency | |||||
| Equity ratio | -43.5 % | 21.3 % | 43.5 % | -12.8 % | 33.5 % |
| Gearing | -188.0 % | 223.0 % | 10.6 % | -268.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.6 | 0.3 | 0.3 | 0.6 |
| Current ratio | 0.2 | 0.6 | 0.5 | 0.4 | 0.8 |
| Cash and cash equivalents | 151.23 | 10.57 | 73.03 | 75.00 | 25.95 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | B | BB |
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