PITTEN ÅRHUS Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 406.26 | |||
Gross profit | 1 437.78 | 1 319.60 | 1 068.91 | |
EBIT | -60.44 | 67.07 | - 127.41 | 81.43 |
Net earnings | -50.98 | 33.43 | - 103.76 | 63.79 |
Shareholders equity total | -10.98 | 22.44 | 104.03 | 167.81 |
Balance sheet total (assets) | 477.84 | 414.04 | 328.86 | 464.27 |
Net debt | 53.46 | 19.83 | - 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) | -50.02 | 47.25 | -89.85 | 64.37 |
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 ratio | 0.7 | 0.7 | 1.0 | 0.6 |
Current ratio | 0.7 | 0.7 | 1.0 | 0.6 |
Cash and cash equivalents | 174.39 | 283.11 | 121.01 | 163.19 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -8.6 % | |||
Credit risk | ||||
Credit rating | BB | BBB | BB | BB |
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