PIT & CO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PIT & CO ApS
PIT & CO ApS (CVR number: 54639112) is a company from HERNING. The company recorded a gross profit of -182.2 kDKK in 2024. The operating profit was -188.9 kDKK, while net earnings were 995.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 39.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. PIT & CO ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -32.07 | - 111.61 | 234.36 | - 113.85 | - 182.18 |
EBIT | -42.82 | - 111.61 | 234.36 | - 113.85 | - 188.93 |
Net earnings | - 252.11 | - 403.21 | 646.52 | - 248.59 | 995.51 |
Shareholders equity total | 2 030.19 | 1 626.99 | 2 273.51 | 2 024.91 | 3 020.42 |
Balance sheet total (assets) | 2 070.23 | 1 917.96 | 7 508.74 | 9 272.69 | 8 711.78 |
Net debt | -1 269.16 | -1 383.41 | -1 771.46 | -1 804.66 | -2 737.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | -5.6 % | 13.9 % | 0.9 % | 11.9 % |
ROE | -11.7 % | -22.1 % | 33.2 % | -11.6 % | 39.5 % |
ROI | 1.6 % | -5.7 % | 13.9 % | 0.9 % | 11.9 % |
Economic value added (EVA) | 28.40 | - 125.71 | 235.65 | 121.17 | 167.66 |
Solvency | |||||
Equity ratio | 98.1 % | 84.8 % | 30.3 % | 21.8 % | 34.7 % |
Gearing | 17.0 % | 230.0 % | 356.2 % | 187.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 49.9 | 6.3 | 1.4 | 1.3 | 1.5 |
Current ratio | 49.9 | 6.3 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 1 269.16 | 1 659.79 | 7 000.87 | 9 017.72 | 8 391.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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