Palett ApS — Credit Rating and Financial Key Figures

Palett ApS (CVR number: 40999590) is a company from KØBENHAVN. The company recorded a gross profit of 716.7 kDKK in 2023. The operating profit was -3.2 kDKK, while net earnings were -515.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 95.7 %, which can be considered excellent but Return on Equity (ROE) was -125.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Palett ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.