Pitot Watches ApS — Credit Rating and Financial Key Figures

Pitot Watches ApS (CVR number: 40657592) is a company from ROSKILDE. The company recorded a gross profit of 7 kDKK in 2023. The operating profit was 0.1 kDKK, while net earnings were 76 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was 85 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.7 %, 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. Pitot Watches ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.