Palett ApS — Credit Rating and Financial Key Figures

CVR number: 40999590
Skindergade 31, 1159 København K
info@mu.st
www.palett.dk
Free credit report Annual report

Company information

Official name
Palett ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-26.94-27.79-31.12716.71530.14
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 total18.26-15.71-46.86- 329.16- 832.37
Balance sheet total (assets)28.2619.7319.00804.03649.37
Net debt-21.6410.20- 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 ratio64.6 %-44.3 %-71.2 %-29.0 %-56.2 %
Gearing-66.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.80.60.30.81.1
Current ratio2.80.60.30.81.1
Cash and cash equivalents21.640.24159.7946.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-56.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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