Palette Business Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Palette Business Solutions A/S
Palette Business Solutions A/S (CVR number: 32264255) is a company from ALBERTSLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 153.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Palette Business Solutions A/S's liquidity measured by quick ratio was 71.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 19.35 | 20.94 | 27.13 | -65.41 | |
EBIT | 19.35 | 20.94 | 27.13 | -65.41 | |
Net earnings | 10.38 | 9.49 | 14.62 | -71.76 | 153.17 |
Shareholders equity total | 1 359.97 | 1 369.46 | 1 384.08 | 1 312.32 | 1 465.49 |
Balance sheet total (assets) | 1 679.52 | 2 011.62 | 1 702.84 | 1 342.31 | 1 486.37 |
Net debt | -19.11 | - 416.91 | - 239.48 | - 170.89 | |
Profitability | |||||
EBIT-% | |||||
ROA | 1.2 % | 1.1 % | 1.5 % | -4.1 % | 10.9 % |
ROE | 0.8 % | 0.7 % | 1.1 % | -5.3 % | 11.0 % |
ROI | 1.4 % | 1.4 % | 1.6 % | -4.2 % | 11.1 % |
Economic value added (EVA) | -47.10 | -45.64 | -6.93 | - 109.13 | -57.36 |
Solvency | |||||
Equity ratio | 81.0 % | 68.1 % | 81.3 % | 97.8 % | 98.6 % |
Gearing | 1.2 % | 20.1 % | 19.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 3.1 | 5.3 | 44.8 | 71.2 |
Current ratio | 5.3 | 3.1 | 5.3 | 44.8 | 71.2 |
Cash and cash equivalents | 34.96 | 691.54 | 514.11 | 170.89 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | B | BB |
Variable visualization
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