Pico Trading ApS — Credit Rating and Financial Key Figures

Pico Trading ApS (CVR number: 35532293) is a company from KØBENHAVN. The company recorded a gross profit of 1521.8 kDKK in 2023. The operating profit was 73 kDKK, while net earnings were 65.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Pico Trading ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.