PIACA ApS — Credit Rating and Financial Key Figures

PIACA ApS (CVR number: 42377759) is a company from KØBENHAVN. The company recorded a gross profit of -197 kDKK in 2024. The operating profit was -197 kDKK, while net earnings were -267.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -221.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -96.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PIACA ApS's liquidity measured by quick ratio was 1.8 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.