PIET HEIN A/S — Credit Rating and Financial Key Figures

PIET HEIN A/S (CVR number: 14380809) is a company from MIDDELFART. The company recorded a gross profit of 1843.7 kDKK in 2023. The operating profit was 900.3 kDKK, while net earnings were 5388.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PIET HEIN A/S's liquidity measured by quick ratio was 10.8 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.