PIANOTEKET ApS
Credit rating
Company information
About PIANOTEKET ApS
PIANOTEKET ApS (CVR number: 35635971) is a company from ODENSE. The company recorded a gross profit of 2131.3 kDKK in 2023. The operating profit was -106.2 kDKK, while net earnings were -181.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. PIANOTEKET ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -96.24 | 798.90 | 2 106.68 | 2 499.92 | 2 131.34 |
EBIT | - 453.92 | 587.33 | 1 390.60 | 238.29 | - 106.22 |
Net earnings | - 508.02 | 297.76 | 1 025.01 | 94.94 | - 181.11 |
Shareholders equity total | 384.52 | 682.29 | 1 707.29 | 1 745.03 | 1 505.02 |
Balance sheet total (assets) | 4 549.41 | 3 366.38 | 5 609.61 | 4 255.59 | 4 122.02 |
Net debt | 1 861.20 | 502.12 | - 611.82 | 331.07 | 1 439.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.2 % | 14.8 % | 31.0 % | 4.9 % | -2.4 % |
ROE | -79.6 % | 55.8 % | 85.8 % | 5.5 % | -11.1 % |
ROI | -18.6 % | 33.8 % | 94.9 % | 12.7 % | -4.0 % |
Economic value added (EVA) | - 400.16 | 431.69 | 1 055.64 | 115.91 | - 173.42 |
Solvency | |||||
Equity ratio | 8.5 % | 20.3 % | 30.4 % | 41.0 % | 36.5 % |
Gearing | 484.0 % | 80.2 % | 19.0 % | 95.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.5 | 0.3 | 0.5 |
Current ratio | 1.0 | 1.1 | 1.4 | 1.6 | 1.6 |
Cash and cash equivalents | 45.07 | 611.82 | 0.75 | 0.95 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BBB | BB |
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