Palermo Foods ApS
Credit rating
Company information
About Palermo Foods ApS
Palermo Foods ApS (CVR number: 39236389) is a company from KØBENHAVN. The company recorded a gross profit of 75.3 kDKK in 2023. The operating profit was 50.1 kDKK, while net earnings were 41.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 59 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. Palermo Foods ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 663.76 | ||||
Gross profit | 225.30 | 7.79 | 663.76 | 470.20 | 75.29 |
EBIT | -21.42 | -28.46 | 39.66 | - 112.68 | 50.07 |
Net earnings | -19.30 | 11.90 | 55.38 | - 154.24 | 41.48 |
Shareholders equity total | 122.52 | 134.42 | 166.06 | 50.00 | 90.54 |
Balance sheet total (assets) | 355.95 | 573.46 | 482.10 | 108.45 | 370.51 |
Net debt | -74.84 | - 437.30 | - 345.42 | -68.45 | -35.35 |
Profitability | |||||
EBIT-% | 6.0 % | ||||
ROA | -7.4 % | 2.9 % | 13.3 % | -38.2 % | 20.9 % |
ROE | -14.6 % | 9.3 % | 36.9 % | -142.8 % | 59.0 % |
ROI | -16.2 % | 10.5 % | 46.6 % | -104.3 % | 71.3 % |
Economic value added (EVA) | -14.83 | -27.60 | 46.62 | - 103.67 | 42.40 |
Solvency | |||||
Equity ratio | 34.4 % | 23.4 % | 34.4 % | 46.1 % | 24.4 % |
Gearing | |||||
Relative net indebtedness % | -4.4 % | ||||
Liquidity | |||||
Quick ratio | 1.5 | 1.0 | 1.4 | 1.2 | 0.7 |
Current ratio | 1.5 | 1.3 | 1.4 | 1.2 | 1.3 |
Cash and cash equivalents | 74.84 | 437.30 | 345.42 | 68.45 | 35.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.2 | ||||
Net working capital % | -4.4 % | ||||
Credit risk | |||||
Credit rating | B | C | B | B | B |
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