Palmbird ApS — Credit Rating and Financial Key Figures

Palmbird ApS (CVR number: 37437549) is a company from RUDERSDAL. The company recorded a gross profit of -2.3 kDKK in 2021. The operating profit was -2.3 kDKK, while net earnings were -18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Palmbird ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.