PIANO ApS

CVR number: 34231370
Torvet 6, 7400 Herning

Credit rating

Company information

Official name
PIANO ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About PIANO ApS

PIANO ApS (CVR number: 34231370) is a company from HERNING. The company recorded a gross profit of -15.5 kDKK in 2022. The operating profit was -16 kDKK, while net earnings were -24.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -69.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PIANO ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit1 261.51933.76316.70210.64-15.50
EBIT194.49-90.21- 235.3770.64-15.95
Net earnings145.02-74.43- 190.00-13.51-24.72
Shareholders equity total281.69207.2617.263.75-20.97
Balance sheet total (assets)653.14578.59418.52118.4367.41
Net debt- 467.91- 295.08- 183.08-99.96-52.15
Profitability
EBIT-%
ROA34.4 %-14.6 %-47.2 %26.3 %-15.4 %
ROE69.3 %-30.4 %-169.3 %-128.6 %-69.5 %
ROI71.8 %-32.3 %-142.8 %155.3 %-112.9 %
Economic value added (EVA)158.10-59.68- 177.5961.38-10.50
Solvency
Equity ratio43.1 %35.8 %4.1 %3.2 %-23.7 %
Gearing7.8 %22.9 %334.3 %327.0 %-58.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.40.91.00.8
Current ratio1.71.51.01.00.8
Cash and cash equivalents489.92342.63240.78112.2264.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:-15.4%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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