PI Applications A/S — Credit Rating and Financial Key Figures

CVR number: 34043027
Godthåbsvej 21, 8660 Skanderborg
mail@pi-applications.dk
www.pi-applications.dk

Company information

Official name
PI Applications A/S
Personnel
3 persons
Established
2011
Company form
Limited company
Industry

About PI Applications A/S

PI Applications A/S (CVR number: 34043027) is a company from SKANDERBORG. The company recorded a gross profit of 6103.6 kDKK in 2024. The operating profit was 2423.9 kDKK, while net earnings were 2454.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.3 %, which can be considered excellent and Return on Equity (ROE) was 142.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PI Applications A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 763.292 077.683 433.771 142.426 103.56
EBIT3 307.08-1 090.81127.45-2 286.292 423.91
Net earnings2 701.47- 852.78- 212.78-2 287.212 454.53
Shareholders equity total3 078.402 225.622 012.85-1 961.40493.13
Balance sheet total (assets)5 974.553 205.403 491.412 949.474 151.23
Net debt- 967.99- 205.24117.091 826.811 238.18
Profitability
EBIT-%
ROA84.8 %-23.8 %3.8 %-54.4 %54.3 %
ROE156.4 %-32.2 %-10.0 %-92.2 %142.6 %
ROI188.4 %-40.3 %5.0 %-91.9 %105.3 %
Economic value added (EVA)2 687.20-1 007.17-24.97-2 427.722 413.96
Solvency
Equity ratio51.5 %69.4 %57.7 %-39.9 %11.9 %
Gearing1.0 %3.2 %39.8 %-110.1 %409.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.32.40.61.1
Current ratio2.13.32.40.61.1
Cash and cash equivalents999.52277.21684.60332.76779.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:54.3%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.9%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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