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

CVR number: 28971109
Palsgårdvej 5, Gl Hampen 7362 Hampen
palsgaardgruppen@palsgaardgruppen.dk
tel: 75757416
www.palsgaardgruppen.dk

Company information

Official name
PALSGAARD SPÆR A/S
Personnel
256 persons
Established
2005
Domicile
Gl Hampen
Company form
Limited company
Industry

About PALSGAARD SPÆR A/S

PALSGAARD SPÆR A/S (CVR number: 28971109) is a company from IKAST-BRANDE. The company reported a net sales of 264 mDKK in 2024, demonstrating a decline of -13.2 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0.2 mDKK), while net earnings were -8010 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. PALSGAARD SPÆR A/S's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales412.66436.27304.14264.00
Gross profit118.41185.27195.11141.00116.57
EBIT20.8058.9862.1424.94-0.23
Net earnings18.4147.7946.7013.01-8.01
Shareholders equity total63.3897.40114.79103.3268.88
Balance sheet total (assets)122.61188.88247.97192.84258.83
Net debt1.5116.1141.3226.38132.63
Profitability
EBIT-%14.3 %14.2 %8.2 %-0.1 %
ROA19.5 %39.6 %28.3 %9.3 %-1.1 %
ROE31.9 %59.4 %44.0 %11.9 %-9.3 %
ROI28.3 %59.9 %38.3 %11.5 %-1.3 %
Economic value added (EVA)11.9742.0542.159.90-7.81
Solvency
Equity ratio51.7 %51.6 %46.3 %53.6 %26.6 %
Gearing11.4 %17.3 %56.2 %31.4 %193.5 %
Relative net indebtedness %20.8 %23.6 %24.4 %68.7 %
Liquidity
Quick ratio0.81.01.00.90.4
Current ratio1.31.51.31.40.7
Cash and cash equivalents5.690.7623.226.050.67
Capital use efficiency
Trade debtors turnover (days)43.731.134.254.9
Net working capital %9.2 %6.3 %7.2 %-18.1 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:-1.06%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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