Palæet ApS
Credit rating
Company information
About Palæet ApS
Palæet ApS (CVR number: 41331879) is a company from ALLERØD. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -9.9 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0 mDKK), while net earnings were -1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Palæet ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 224.79 | 604.09 | 886.52 | 799.02 |
Gross profit | 1.67 | 297.63 | 311.41 | 0.54 |
EBIT | 1.67 | - 231.81 | 214.49 | 0.54 |
Net earnings | 1.32 | - 237.28 | 212.72 | -1.73 |
Shareholders equity total | 41.32 | - 195.96 | 16.76 | 15.03 |
Balance sheet total (assets) | 177.29 | 235.44 | 354.05 | 41.42 |
Net debt | - 104.12 | -99.32 | - 295.25 | -1.42 |
Profitability | ||||
EBIT-% | 0.7 % | -38.4 % | 24.2 % | 0.1 % |
ROA | 0.9 % | -76.2 % | 54.6 % | 0.5 % |
ROE | 3.2 % | -171.5 % | 168.7 % | -10.9 % |
ROI | 4.0 % | -1122.0 % | 2560.2 % | 6.2 % |
Economic value added (EVA) | 1.67 | - 228.65 | 229.33 | 14.54 |
Solvency | ||||
Equity ratio | 72.1 % | -101.9 % | 18.2 % | 36.3 % |
Gearing | ||||
Relative net indebtedness % | 14.2 % | 55.0 % | 4.7 % | 3.1 % |
Liquidity | ||||
Quick ratio | 11.1 | 1.2 | 4.7 | 1.6 |
Current ratio | 1.3 | 0.5 | 1.0 | 1.6 |
Cash and cash equivalents | 104.12 | 99.32 | 295.25 | 1.42 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.8 | 23.3 | 4.7 | |
Net working capital % | 18.4 % | -32.4 % | 1.9 % | 1.9 % |
Credit risk | ||||
Credit rating | B | C | B | C |
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