Palcut A/S: Financial statements 2020
CVR: 32283071
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Palcut A/S (CVR 32283071) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 18,960,326 and a net result of DKK 4,875,445 compared with DKK 3,372,229 the year before. That is an increase of 1.4% compared with the year before. Equity in the 2020 report amounted to DKK 14,435,830. The solvency ratio was 43.8%. The company had 16 employees in the financial year.
- Gross Profit
- DKK 18,960,326
- Profit/Loss
- DKK 4,875,445
- Equity
- DKK 14,435,830
- Total Assets
- DKK 32,966,676
- Employees
- 16
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 19 mio. | 4.9 mio. | 14.4 mio. | 16 |
| 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 |
Official annual report
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Palcut A/S has published its annual report for 2019. Gross profit came to DKK 18,707,531, and the net result was DKK 3,372,229.
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.