PALADS HOTEL A/S — Credit Rating and Financial Key Figures

PALADS HOTEL A/S (CVR number: 30511948) is a company from VIBORG. The company recorded a gross profit of -1515.2 kDKK in 2023. The operating profit was -3945.8 kDKK, while net earnings were -3085.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.6 %, which can be considered poor and Return on Equity (ROE) was -81.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. PALADS HOTEL A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.