Palmgren Marine Aps — Credit Rating and Financial Key Figures

CVR number: 41996684
Langegade 105, 5300 Kerteminde
ap@palmgren-marine.dk
tel: 20574469
www.palmgren-marine.dk

Company information

Official name
Palmgren Marine Aps
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry

About Palmgren Marine Aps

Palmgren Marine Aps (CVR number: 41996684) is a company from KERTEMINDE. The company recorded a gross profit of 1469.1 kDKK in 2024. The operating profit was 650.2 kDKK, while net earnings were 494.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.1 %, which can be considered excellent and Return on Equity (ROE) was 66.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Palmgren Marine Aps's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 005.00953.381 359.881 469.05
EBIT475.00325.21728.46650.17
Net earnings365.00245.89558.76494.93
Shareholders equity total405.00537.15695.91786.83
Balance sheet total (assets)482.00599.67791.40917.86
Net debt- 438.00- 482.31- 624.55- 659.54
Profitability
EBIT-%
ROA98.5 %60.1 %105.1 %76.1 %
ROE90.1 %52.2 %90.6 %66.8 %
ROI114.7 %68.1 %118.1 %87.7 %
Economic value added (EVA)368.10251.39558.81496.33
Solvency
Equity ratio84.0 %89.6 %87.9 %85.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.510.08.27.0
Current ratio6.510.08.27.0
Cash and cash equivalents438.00482.31624.55659.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:76.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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