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 67.8 kDKK in 2024. The operating profit was 65 kDKK, while net earnings were -285.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, 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 3744.8 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.