PIER 1 HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 799.97 | 1 087.49 | 1 287.06 | 1 134.08 | 1 020.87 |
Gross profit | 787.23 | 1 075.75 | 1 271.20 | 1 116.98 | 1 003.14 |
EBIT | 787.23 | 1 075.75 | 1 271.20 | 1 116.98 | 1 003.14 |
Net earnings | 865.55 | 1 200.60 | 1 208.03 | 819.16 | 1 067.47 |
Shareholders equity total | 6 078.89 | 7 029.49 | 7 821.02 | 8 090.18 | 8 657.66 |
Balance sheet total (assets) | 6 188.59 | 7 404.66 | 8 225.50 | 8 155.96 | 8 831.22 |
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 % |
ROA | 14.6 % | 18.7 % | 16.3 % | 17.8 % | 14.2 % |
ROE | 14.8 % | 18.3 % | 16.3 % | 10.3 % | 12.7 % |
ROI | 15.0 % | 19.2 % | 16.8 % | 18.1 % | 14.3 % |
Economic value added (EVA) | 900.74 | 1 181.84 | 1 471.39 | 1 518.45 | 1 109.69 |
Solvency | |||||
Equity ratio | 98.2 % | 94.9 % | 95.1 % | 99.2 % | 98.0 % |
Gearing | 2.1 % | 2.5 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | -54.6 % | -29.1 % | -140.5 % | -147.1 % | -202.3 % |
Liquidity | |||||
Quick ratio | 10.2 | 4.0 | 6.3 | 43.1 | 20.1 |
Current ratio | 10.2 | 4.0 | 6.3 | 43.1 | 20.1 |
Cash and cash equivalents | 546.61 | 691.62 | 2 212.49 | 1 733.47 | 2 238.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 74.8 % | 48.6 % | 0.4 % | 119.7 % | 179.3 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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