Pilgaard Design Studio ApS — Credit Rating and Financial Key Figures

Pilgaard Design Studio ApS (CVR number: 39831082) is a company from HJØRRING. The company recorded a gross profit of 452.1 kDKK in 2023. The operating profit was 31.9 kDKK, while net earnings were 25.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Pilgaard Design Studio ApS's liquidity measured by quick ratio was 1.7 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.