PIANOTEKET ApS — Credit Rating and Financial Key Figures

CVR number: 35635971
Bangs Boder 28, 5000 Odense C
pianoteket@pianoteket.dk
tel: 66118222
www.pianoteket.dk

Credit rating

Company information

Official name
PIANOTEKET ApS
Personnel
6 persons
Established
2014
Company form
Private limited company
Industry

About PIANOTEKET ApS

PIANOTEKET ApS (CVR number: 35635971) is a company from ODENSE. The company recorded a gross profit of 2224.4 kDKK in 2024. The operating profit was -7.1 kDKK, while net earnings were -115.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. PIANOTEKET ApS'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit798.902 106.682 499.922 131.342 224.43
EBIT587.331 390.60238.29- 106.22-7.13
Net earnings297.761 025.0194.94- 181.11- 115.08
Shareholders equity total682.291 707.291 745.031 505.021 389.95
Balance sheet total (assets)3 366.385 609.614 255.594 122.023 303.36
Net debt502.12- 611.82331.071 439.891 243.84
Profitability
EBIT-%
ROA14.8 %31.0 %4.9 %-2.4 %-0.1 %
ROE55.8 %85.8 %5.5 %-11.1 %-8.0 %
ROI33.8 %94.9 %12.7 %-4.0 %-0.2 %
Economic value added (EVA)338.161 025.8885.16- 187.26- 153.60
Solvency
Equity ratio20.3 %30.4 %41.0 %36.5 %42.1 %
Gearing80.2 %19.0 %95.7 %89.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.50.30.50.4
Current ratio1.11.41.61.61.5
Cash and cash equivalents45.07611.820.750.950.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.15%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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