Piening Advokatholdingselskab ApS — Credit Rating and Financial Key Figures

CVR number: 41304820
Kamerunvej 1, 2770 Kastrup
tel: 51838024

Company information

Official name
Piening Advokatholdingselskab ApS
Established
2020
Company form
Private limited company
Industry

About Piening Advokatholdingselskab ApS

Piening Advokatholdingselskab ApS (CVR number: 41304820) is a company from TÅRNBY. The company recorded a gross profit of -18.7 kDKK in 2024. The operating profit was -18.7 kDKK, while net earnings were 442.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Piening Advokatholdingselskab ApS's liquidity measured by quick ratio was 29.9 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-9.22-14.78-9.27-25.52-18.73
EBIT-9.22-14.78-9.27-25.52-18.73
Net earnings928.071 209.84929.47845.69442.40
Shareholders equity total968.072 064.912 879.983 607.873 928.27
Balance sheet total (assets)1 102.482 207.642 901.173 634.674 051.94
Net debt- 540.40-1 366.14-1 234.17-2 167.08-3 092.86
Profitability
EBIT-%
ROA86.0 %74.5 %37.0 %26.2 %14.1 %
ROE95.9 %79.8 %37.6 %26.1 %11.7 %
ROI86.5 %74.8 %37.1 %26.3 %14.3 %
Economic value added (EVA)-9.22-17.76-24.92-26.18-17.00
Solvency
Equity ratio87.8 %93.5 %99.3 %99.3 %96.9 %
Gearing13.3 %6.6 %0.3 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.513.995.7106.729.9
Current ratio6.513.995.7106.729.9
Cash and cash equivalents668.811 502.881 242.362 175.603 102.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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