Palle Hermansen Auto, Saltum ApS — Credit Rating and Financial Key Figures

Palle Hermansen Auto, Saltum ApS (CVR number: 84343919) is a company from JAMMERBUGT. The company recorded a gross profit of 20.6 kDKK in 2023. The operating profit was 17.1 kDKK, while net earnings were 745.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Palle Hermansen Auto, Saltum ApS's liquidity measured by quick ratio was 43.6 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.