Mads W. Piil Holding ApS — Credit Rating and Financial Key Figures

Mads W. Piil Holding ApS (CVR number: 41652233) is a company from RINGSTED. The company recorded a gross profit of -10 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were 312.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 88.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. Mads W. Piil Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.