PALM HOLDING ApS — Credit Rating and Financial Key Figures

PALM HOLDING ApS (CVR number: 19991202) is a company from ODENSE. The company recorded a gross profit of 12.3 mDKK in 2023. The operating profit was 8272.3 kDKK, while net earnings were 8485.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PALM HOLDING ApS's liquidity measured by quick ratio was 3.6 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.