PALSGAARD GODS A/S — Credit Rating and Financial Key Figures

PALSGAARD GODS A/S (CVR number: 45495418) is a company from HEDENSTED. The company recorded a gross profit of -929 kDKK in 2023. The operating profit was -12.4 mDKK, while net earnings were 141.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALSGAARD GODS A/S's liquidity measured by quick ratio was 10.4 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.