Pillar Patents ApS — Credit Rating and Financial Key Figures

Pillar Patents ApS (CVR number: 42871044) is a company from FAVRSKOV. The company recorded a gross profit of 84.5 kDKK in 2022. The operating profit was -51.4 kDKK, while net earnings were -50.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Pillar Patents ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.