Palmes ApS — Credit Rating and Financial Key Figures

Palmes ApS (CVR number: 41867205) is a company from KØBENHAVN. The company recorded a gross profit of 1488.6 kDKK in 2023. The operating profit was 254.9 kDKK, while net earnings were 125.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Palmes ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.