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PALFINGER DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PALFINGER DANMARK A/S
PALFINGER DANMARK A/S (CVR number: 26674972) is a company from MIDDELFART. The company recorded a gross profit of 22.8 mDKK in 2024. The operating profit was 1279.9 kDKK, while net earnings were -72.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PALFINGER DANMARK A/S's liquidity measured by quick ratio was 1.2 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 | 21 114.00 | 20 093.00 | 24 816.00 | 18 655.84 | 22 785.89 |
| EBIT | 7 610.00 | 5 125.00 | 7 722.00 | 559.69 | 1 279.86 |
| Net earnings | 5 829.00 | 3 735.00 | 5 682.00 | - 323.98 | -72.30 |
| Shareholders equity total | 26 742.00 | 30 476.00 | 36 159.00 | 35 834.83 | 35 762.53 |
| Balance sheet total (assets) | 48 653.00 | 67 029.00 | 66 529.00 | 97 353.18 | 84 586.50 |
| Net debt | 44 427.41 | 36 230.59 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.8 % | 8.9 % | 11.6 % | 1.0 % | 1.9 % |
| ROE | 24.5 % | 13.1 % | 17.1 % | -0.9 % | -0.2 % |
| ROI | 14.8 % | 8.9 % | 11.6 % | 1.1 % | 2.1 % |
| Economic value added (EVA) | 6 559.12 | 3 781.21 | 6 190.58 | -1 382.64 | -3 352.05 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 36.8 % | 42.3 % |
| Gearing | 137.2 % | 106.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.2 | |||
| Current ratio | 1.3 | 1.4 | |||
| Cash and cash equivalents | 4 749.50 | 1 877.15 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
Variable visualization
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