PALLE JENSEN BILER ApS

PALLE JENSEN BILER ApS (CVR number: 81595615) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4553.5 kDKK in 2023. The operating profit was 1107 kDKK, while net earnings were 795 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 62.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. PALLE JENSEN BILER ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.