PETTINAROLI A/S NORTHERN EUROPE — Credit Rating and Financial Key Figures

PETTINAROLI A/S NORTHERN EUROPE (CVR number: 58495913) is a company from MIDDELFART. The company recorded a gross profit of 18.9 mDKK in 2023. The operating profit was 5968 kDKK, while net earnings were 4041.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.3 %, 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. PETTINAROLI A/S NORTHERN EUROPE's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.