PIER 1 ApS — Credit Rating and Financial Key Figures

PIER 1 ApS (CVR number: 31581044) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4193.8 kDKK in 2023. The operating profit was 1427.4 kDKK, while net earnings were 1064.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. PIER 1 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.