Palsgaard Bio Energy A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Palsgaard Bio Energy A/S
Palsgaard Bio Energy A/S (CVR number: 36855118) is a company from HEDENSTED. The company recorded a gross profit of -121 kDKK in 2024. The operating profit was -18.3 mDKK, while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -76.4 %, which can be considered poor and Return on Equity (ROE) was -69.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. Palsgaard Bio Energy A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 106.00 | -16.00 | - 282.00 | 44.00 | - 121.00 |
EBIT | - 106.00 | -16.00 | - 282.00 | 44.00 | -18 307.00 |
Net earnings | -53.00 | -35.00 | - 234.00 | - 115.00 | -14 360.00 |
Shareholders equity total | 15 503.00 | 15 468.00 | 21 424.00 | 27 809.00 | 13 449.00 |
Balance sheet total (assets) | 16 506.00 | 20 001.00 | 24 106.00 | 29 208.00 | 18 634.00 |
Net debt | -2 395.00 | 2 370.00 | 266.00 | - 742.00 | 3 076.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.7 % | -0.1 % | -1.3 % | 0.3 % | -76.4 % |
ROE | -0.6 % | -0.2 % | -1.3 % | -0.5 % | -69.6 % |
ROI | -0.6 % | -0.1 % | -1.3 % | 0.3 % | -81.3 % |
Economic value added (EVA) | - 158.29 | - 839.16 | -1 191.74 | -1 092.69 | -15 678.42 |
Solvency | |||||
Equity ratio | 93.9 % | 77.3 % | 88.9 % | 95.2 % | 72.2 % |
Gearing | 6.1 % | 25.0 % | 4.7 % | 0.1 % | 26.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.0 | 2.0 | 0.7 | 1.0 | 1.1 |
Current ratio | 16.0 | 2.0 | 0.7 | 1.0 | 1.1 |
Cash and cash equivalents | 3 344.00 | 1 501.00 | 740.00 | 769.00 | 541.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BB |
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