Piefit ApS — Credit Rating and Financial Key Figures

Piefit ApS (CVR number: 42677116) is a company from KOLDING. The company reported a net sales of 0.1 mDKK in 2022. The operating profit percentage was poor at -92.3 % (EBIT: -0.1 mDKK), while net earnings were -140.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -114.9 %, which can be considered poor and Return on Equity (ROE) was -455.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Piefit ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.