Jacobs Piano ApS — Credit Rating and Financial Key Figures

Jacobs Piano ApS (CVR number: 41963964) is a company from KØBENHAVN. The company recorded a gross profit of 1626.7 kDKK in 2023. The operating profit was 475.1 kDKK, while net earnings were 370.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.1 %, which can be considered excellent and Return on Equity (ROE) was 85.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Jacobs Piano ApS's liquidity measured by quick ratio was 3 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.