Piro Handel ApS — Credit Rating and Financial Key Figures

Piro Handel ApS (CVR number: 34901171) is a company from KØGE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -13.4 kDKK, while net earnings were 298.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Piro Handel ApS's liquidity measured by quick ratio was 1.3 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.