Palcut A/S: Financial statements 2019
CVR: 32283071
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Palcut A/S (CVR 32283071) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 18,707,531 and a net result of DKK 3,372,229 compared with DKK 314,856 the year before. That is an increase of 31.3% compared with the year before. Equity in the 2019 report amounted to DKK 12,089,557. The solvency ratio was 38.3%. The company had 17 employees in the financial year.
- Gross Profit
- DKK 18,707,531
- Profit/Loss
- DKK 3,372,229
- Equity
- DKK 12,089,557
- Total Assets
- DKK 31,574,318
- Employees
- 17
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 18.7 mio. | 3.4 mio. | 12.1 mio. | 17 |
| 2018 | - | 14.2 mio. | 315 t. | 16 mio. | 16 |
| 2017 | - | 15.1 mio. | 2.3 mio. | 15.7 mio. | 13 |
| 2016 | - | 13.5 mio. | 4.7 mio. | 13.4 mio. | 13 |
| 2015 | - | 11 mio. | 2.4 mio. | 8.7 mio. | - |
Official annual report
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Try company screeningEvents in 2019
On August 21, 2019, the company changed its name from PAL-CUT A/S to Palcut A/S.
As of August 5, 2019, Thomas Holm Jensen has joined the board of directors of Palcut A/S.
As of August 5, 2019, Lars Blavnsfeldt has left the board of directors of Palcut A/S.
As of August 5, 2019, Kilsmark A/S is registered as an owner of Palcut A/S with an ownership share of 100%.
Palcut A/S has published its annual report for 2018. Gross profit came to DKK 14,243,072, and the net result was DKK 314,856.
About Palcut A/S
Palcut A/S is a Danish company of the type Aktieselskab based in Holstebro, founded in 2009. The company is registered under the industry Fremstilling af papir og pap. The company was previously named PAL-CUT A/S. The management consists of Henrik Rosendal Rytter. The board consists of Henrik Broksø Thulesen (chair), Josefine Frederikke Mundrup Ive and Sebastian Folden Noesgaard. The company is owned by Kilsmark A/S. The company has 32 employees (2026). In 2025, the company reported a gross profit of DKK 30,386,713 and a net result of DKK 9,749,365 compared with DKK 8,855,346 the year before. Equity in the 2025 report amounted to DKK 24,651,574.