PALM ApS — Credit Rating and Financial Key Figures

PALM ApS (CVR number: 44014653) is a company from KØBENHAVN. The company recorded a gross profit of 226.1 kDKK in 2023. The operating profit was 23.8 kDKK, while net earnings were 14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PALM ApS's liquidity measured by quick ratio was 2 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.