PITTEN ÅRHUS Aps — Credit Rating and Financial Key Figures

CVR number: 40808841
Banegårdsgade 16, 8000 Aarhus C
pittenogfortuna@gmail.com
tel: 71969766

Company information

Official name
PITTEN ÅRHUS Aps
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About PITTEN ÅRHUS Aps

PITTEN ÅRHUS Aps (CVR number: 40808841) is a company from AARHUS. The company reported a net sales of 1.4 mDKK in 2023. The operating profit percentage was at 5.8 % (EBIT: 0.1 mDKK), while net earnings were 63.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 46.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PITTEN ÅRHUS 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1 406.26
Gross profit1 437.781 319.601 068.91
EBIT-60.4467.07- 127.4181.43
Net earnings-50.9833.43- 103.7663.79
Shareholders equity total-10.9822.44104.03167.81
Balance sheet total (assets)477.84414.04328.86464.27
Net debt53.4619.83- 121.01- 143.35
Profitability
EBIT-%5.8 %
ROA-12.4 %14.9 %-34.3 %20.6 %
ROE-10.7 %13.4 %-164.1 %46.9 %
ROI-22.0 %22.4 %-59.3 %56.1 %
Economic value added (EVA)-50.0247.25-89.8564.37
Solvency
Equity ratio-2.2 %5.4 %31.6 %36.1 %
Gearing-2074.3 %1349.8 %11.8 %
Relative net indebtedness %9.5 %
Liquidity
Quick ratio0.70.71.00.6
Current ratio0.70.71.00.6
Cash and cash equivalents174.39283.11121.01163.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-8.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:20.6%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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