PYRIT ApS — Credit Rating and Financial Key Figures

CVR number: 34730032
Formervangen 8, 2600 Glostrup

Credit rating

Company information

Official name
PYRIT ApS
Established
2012
Company form
Private limited company
Industry

About PYRIT ApS

PYRIT ApS (CVR number: 34730032) is a company from ALBERTSLUND. The company recorded a gross profit of 45.5 kDKK in 2024. The operating profit was 45.5 kDKK, while net earnings were 269.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PYRIT ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8.05-13.9215.6937.6545.52
EBIT18.05-3.9218.1945.1545.52
Net earnings165.63347.13- 373.6970.03269.40
Shareholders equity total1 048.221 395.35521.66591.69861.09
Balance sheet total (assets)4 307.154 813.224 529.344 642.415 032.72
Net debt1 955.791 561.832 753.122 594.902 488.41
Profitability
EBIT-%
ROA6.5 %11.1 %0.5 %3.1 %8.0 %
ROE17.2 %28.4 %-39.0 %12.6 %37.1 %
ROI6.7 %11.4 %0.5 %3.1 %8.1 %
Economic value added (EVA)- 184.90- 215.67- 221.10- 178.25- 192.92
Solvency
Equity ratio24.3 %29.0 %11.5 %12.7 %17.1 %
Gearing291.2 %226.1 %741.9 %648.9 %469.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.30.40.4
Current ratio0.40.50.30.40.4
Cash and cash equivalents1 097.151 593.221 116.891 244.411 551.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:7.98%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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