PI-GO INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 32366422
Golfhøjen 6, 8400 Ebeltoft
Himmer@familie.tele.dk
tel: 22155432

Credit rating

Company information

Official name
PI-GO INVEST ApS
Established
2009
Company form
Private limited company
Industry

About PI-GO INVEST ApS

PI-GO INVEST ApS (CVR number: 32366422) is a company from SYDDJURS. The company recorded a gross profit of 102.4 kDKK in 2023. The operating profit was 91.8 kDKK, while net earnings were 60.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. PI-GO INVEST 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit187.51172.06213.94210.02102.36
EBIT147.94132.50203.43199.5091.85
Net earnings75.0362.04111.7471.4560.77
Shareholders equity total1 176.961 128.391 127.141 084.181 027.15
Balance sheet total (assets)3 991.293 982.573 980.013 964.453 930.24
Net debt2 666.732 662.602 646.672 667.552 671.71
Profitability
EBIT-%
ROA3.7 %3.3 %5.1 %5.0 %6.7 %
ROE6.3 %5.4 %9.9 %6.5 %5.8 %
ROI3.7 %3.4 %5.2 %5.1 %6.9 %
Economic value added (EVA)-80.46-88.58-28.75-46.13- 118.83
Solvency
Equity ratio29.5 %28.3 %28.3 %27.3 %26.1 %
Gearing229.7 %240.8 %239.3 %249.8 %262.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.40.40.4
Current ratio0.70.50.40.40.4
Cash and cash equivalents36.4654.6050.8840.8524.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:6.67%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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