PALLE IVERSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29178690
Øster Hedevej 220, 9800 Hjørring

Credit rating

Company information

Official name
PALLE IVERSEN HOLDING ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About PALLE IVERSEN HOLDING ApS

PALLE IVERSEN HOLDING ApS (CVR number: 29178690) is a company from HJØRRING. The company recorded a gross profit of 98.6 kDKK in 2023. The operating profit was 297.9 kDKK, while net earnings were 424.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALLE IVERSEN HOLDING ApS's liquidity measured by quick ratio was 25.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit107.00105.00102.00101.0098.64
EBIT408.00365.00226.00302.00297.86
Net earnings406.00405.00381.00115.00424.69
Shareholders equity total2 700.003 005.003 286.003 300.003 624.77
Balance sheet total (assets)2 764.003 059.003 373.003 315.003 744.14
Net debt-1 735.00-1 490.00-2 198.00-2 415.00-2 899.63
Profitability
EBIT-%
ROA28.9 %24.7 %20.7 %18.5 %21.9 %
ROE15.9 %14.2 %12.1 %3.5 %12.3 %
ROI29.7 %25.1 %21.1 %18.8 %22.3 %
Economic value added (EVA)293.74262.60124.98203.43216.14
Solvency
Equity ratio97.7 %98.2 %97.4 %99.5 %96.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio30.961.136.2278.925.5
Current ratio30.961.136.2278.925.5
Cash and cash equivalents1 735.001 490.002 198.002 415.002 899.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2025-02-10T13:58:57.305Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.