PIANO ApS — Credit Rating and Financial Key Figures

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.