Pitot Watches ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pitot Watches ApS
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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 133.83 | -96.88 | -68.84 | 7.03 |
EBIT | - 176.69 | - 103.09 | -75.06 | 0.07 |
Net earnings | - 175.97 | - 103.49 | -73.68 | 76.04 |
Shareholders equity total | 74.03 | 70.55 | -3.13 | 72.91 |
Balance sheet total (assets) | 203.55 | 211.10 | 106.07 | 163.13 |
Net debt | -10.63 | 74.37 | 65.31 | 52.56 |
Profitability | ||||
EBIT-% | ||||
ROA | -86.2 % | -47.9 % | -44.4 % | 0.1 % |
ROE | -237.7 % | -143.2 % | -83.4 % | 85.0 % |
ROI | -236.9 % | -85.1 % | -59.4 % | 0.1 % |
Economic value added (EVA) | - 176.69 | - 104.08 | -71.02 | 0.97 |
Solvency | ||||
Equity ratio | 76.9 % | 33.4 % | -2.9 % | 44.7 % |
Gearing | 125.6 % | -2558.6 % | 85.8 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.0 | 0.6 | 0.3 | 1.1 |
Current ratio | 1.1 | 1.1 | 0.6 | 1.4 |
Cash and cash equivalents | 10.63 | 14.22 | 14.80 | 10.01 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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