Pier5 ApS — Credit Rating and Financial Key Figures

Pier5 ApS (CVR number: 41518375) is a company from AALBORG. The company recorded a gross profit of 13.3 mDKK in 2023. The operating profit was 4356.9 kDKK, while net earnings were 3426.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.4 %, which can be considered excellent and Return on Equity (ROE) was 145.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.1 %, 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. Pier5 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.