Palme IVS

Palme IVS (CVR number: 38639870) is a company from KØBENHAVN. The company recorded a gross profit of 353.3 kDKK in 2019. The operating profit was 97.8 kDKK, while net earnings were 97.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 94.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -75.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Palme IVS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.