PIER 1 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33373260
Nordkajen 2, 9990 Skagen

Credit rating

Company information

Official name
PIER 1 HOLDING ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About PIER 1 HOLDING ApS

PIER 1 HOLDING ApS (CVR number: 33373260) is a company from FREDERIKSHAVN. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -10 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 1 mDKK), while net earnings were 1067.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PIER 1 HOLDING ApS's liquidity measured by quick ratio was 20.1 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales799.971 087.491 287.061 134.081 020.87
Gross profit787.231 075.751 271.201 116.981 003.14
EBIT787.231 075.751 271.201 116.981 003.14
Net earnings865.551 200.601 208.03819.161 067.47
Shareholders equity total6 078.897 029.497 821.028 090.188 657.66
Balance sheet total (assets)6 188.597 404.668 225.508 155.968 831.22
Net debt- 546.61- 544.29-2 018.01-1 722.92-2 228.20
Profitability
EBIT-%98.4 %98.9 %98.8 %98.5 %98.3 %
ROA14.6 %18.7 %16.3 %17.8 %14.2 %
ROE14.8 %18.3 %16.3 %10.3 %12.7 %
ROI15.0 %19.2 %16.8 %18.1 %14.3 %
Economic value added (EVA)900.741 181.841 471.391 518.451 109.69
Solvency
Equity ratio98.2 %94.9 %95.1 %99.2 %98.0 %
Gearing2.1 %2.5 %0.1 %0.1 %
Relative net indebtedness %-54.6 %-29.1 %-140.5 %-147.1 %-202.3 %
Liquidity
Quick ratio10.24.06.343.120.1
Current ratio10.24.06.343.120.1
Cash and cash equivalents546.61691.622 212.491 733.472 238.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %74.8 %48.6 %0.4 %119.7 %179.3 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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