Palett ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Palett ApS
Palett ApS (CVR number: 40999590) is a company from KØBENHAVN. The company recorded a gross profit of 530.1 kDKK in 2024. The operating profit was -123.4 kDKK, while net earnings were -503.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was -69.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -56.2 %. 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 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -26.94 | -27.79 | -31.12 | 716.71 | 530.14 |
EBIT | -26.94 | -27.79 | -31.12 | -3.23 | - 123.39 |
Net earnings | -21.74 | -33.97 | -31.15 | - 515.60 | - 503.20 |
Shareholders equity total | 18.26 | -15.71 | -46.86 | - 329.16 | - 832.37 |
Balance sheet total (assets) | 28.26 | 19.73 | 19.00 | 804.03 | 649.37 |
Net debt | -21.64 | 10.20 | - 159.79 | -46.07 | |
Profitability | |||||
EBIT-% | |||||
ROA | -95.3 % | -87.3 % | -61.4 % | 95.7 % | 16.7 % |
ROE | -119.1 % | -178.8 % | -160.9 % | -125.3 % | -69.2 % |
ROI | -147.5 % | -193.7 % | -596.3 % | ||
Economic value added (EVA) | -21.01 | -34.84 | -30.86 | -0.87 | - 106.85 |
Solvency | |||||
Equity ratio | 64.6 % | -44.3 % | -71.2 % | -29.0 % | -56.2 % |
Gearing | -66.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 0.6 | 0.3 | 0.8 | 1.1 |
Current ratio | 2.8 | 0.6 | 0.3 | 0.8 | 1.1 |
Cash and cash equivalents | 21.64 | 0.24 | 159.79 | 46.07 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
Variable visualization
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