PIANOTEKET ApS — Credit Rating and Financial Key Figures

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.