Palle Top Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 40024824
Beringvej 10, Bering 8361 Hasselager
pet@kabeltromlen.dk

Company information

Official name
Palle Top Ejendomme ApS
Established
2018
Domicile
Bering
Company form
Private limited company
Industry

About Palle Top Ejendomme ApS

Palle Top Ejendomme ApS (CVR number: 40024824) is a company from AARHUS. The company recorded a gross profit of 263.2 kDKK in 2023. The operating profit was 208.1 kDKK, while net earnings were 93.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Palle Top Ejendomme ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit208.03225.87245.55217.27263.16
EBIT161.44173.07191.14162.86208.11
Net earnings67.7793.17108.1891.4493.82
Shareholders equity total143.73236.90345.08236.53330.34
Balance sheet total (assets)2 798.532 708.232 653.822 719.782 832.53
Net debt2 382.192 185.242 023.641 960.442 061.07
Profitability
EBIT-%
ROA5.9 %6.3 %7.1 %6.0 %7.5 %
ROE61.7 %49.0 %37.2 %31.4 %33.1 %
ROI12.3 %6.7 %7.3 %6.2 %7.8 %
Economic value added (EVA)124.6845.1052.6236.0867.40
Solvency
Equity ratio5.1 %8.7 %13.0 %8.7 %11.7 %
Gearing1657.4 %922.4 %586.4 %879.7 %650.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.1
Current ratio0.00.10.1
Cash and cash equivalents120.3687.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.50%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.