PIT & CO ApS — Credit Rating and Financial Key Figures

CVR number: 54639112
Nybro Møllevej 21, Ørre 7400 Herning

Credit rating

Company information

Official name
PIT & CO ApS
Personnel
1 person
Established
1975
Domicile
Ørre
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-32.07- 111.61234.36- 113.85- 182.18
EBIT-42.82- 111.61234.36- 113.85- 188.93
Net earnings- 252.11- 403.21646.52- 248.59995.51
Shareholders equity total2 030.191 626.992 273.512 024.913 020.42
Balance sheet total (assets)2 070.231 917.967 508.749 272.698 711.78
Net debt-1 269.16-1 383.41-1 771.46-1 804.66-2 737.59
Profitability
EBIT-%
ROA1.6 %-5.6 %13.9 %0.9 %11.9 %
ROE-11.7 %-22.1 %33.2 %-11.6 %39.5 %
ROI1.6 %-5.7 %13.9 %0.9 %11.9 %
Economic value added (EVA)28.40- 125.71235.65121.17167.66
Solvency
Equity ratio98.1 %84.8 %30.3 %21.8 %34.7 %
Gearing17.0 %230.0 %356.2 %187.2 %
Relative net indebtedness %
Liquidity
Quick ratio49.96.31.41.31.5
Current ratio49.96.31.41.31.5
Cash and cash equivalents1 269.161 659.797 000.879 017.728 391.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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