Palette Business Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 32264255
Herstedøstervej 27 A, 2620 Albertslund
mag@regnadm.dk
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Company information

Official name
Palette Business Solutions A/S
Established
2009
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit19.3520.9427.13-65.41
EBIT19.3520.9427.13-65.41
Net earnings10.389.4914.62-71.76153.17
Shareholders equity total1 359.971 369.461 384.081 312.321 465.49
Balance sheet total (assets)1 679.522 011.621 702.841 342.311 486.37
Net debt-19.11- 416.91- 239.48- 170.89
Profitability
EBIT-%
ROA1.2 %1.1 %1.5 %-4.1 %10.9 %
ROE0.8 %0.7 %1.1 %-5.3 %11.0 %
ROI1.4 %1.4 %1.6 %-4.2 %11.1 %
Economic value added (EVA)-47.10-45.64-6.93- 109.13-57.36
Solvency
Equity ratio81.0 %68.1 %81.3 %97.8 %98.6 %
Gearing1.2 %20.1 %19.8 %
Relative net indebtedness %
Liquidity
Quick ratio5.33.15.344.871.2
Current ratio5.33.15.344.871.2
Cash and cash equivalents34.96691.54514.11170.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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