Pihl & Søn A/S — Credit Rating and Financial Key Figures

Pihl & Søn A/S (CVR number: 38030582) is a company from Høje-Taastrup. The company reported a net sales of 634.7 mDKK in 2023, demonstrating a decline of -38.8 % compared to the previous year. The operating profit percentage was poor at -5.9 % (EBIT: -37.3 mDKK), while net earnings were -28.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. Pihl & Søn A/S's liquidity measured by quick ratio was 1.5 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.