PIONER BAR, VARDE ApS — Credit Rating and Financial Key Figures

PIONER BAR, VARDE ApS (CVR number: 34738157) is a company from KØBENHAVN. The company recorded a gross profit of -2.9 kDKK in 2023. The operating profit was -602.2 kDKK, while net earnings were -412.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.7 %, which can be considered poor and Return on Equity (ROE) was -68.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PIONER BAR, VARDE ApS's liquidity measured by quick ratio was 1.8 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.