Palle Phillip Holding ApS — Credit Rating and Financial Key Figures

Palle Phillip Holding ApS (CVR number: 37743259) is a company from ASSENS. The company recorded a gross profit of 180.3 kDKK in 2023. The operating profit was -130 kDKK, while net earnings were 595.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Palle Phillip Holding ApS's liquidity measured by quick ratio was 1.5 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.