PIANO RENT ApS

CVR number: 78286113
Engmarken 22, 8220 Brabrand
tel: 86763235

Credit rating

Company information

Official name
PIANO RENT ApS
Established
1985
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About PIANO RENT ApS

PIANO RENT ApS (CVR number: 78286113) is a company from AARHUS. The company recorded a gross profit of 1719.8 kDKK in 2023. The operating profit was 1719.8 kDKK, while net earnings were 1331.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PIANO RENT ApS's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 593.011 654.641 951.291 769.201 719.81
EBIT1 593.011 654.641 951.291 769.201 719.81
Net earnings1 189.751 276.431 516.281 371.331 331.29
Shareholders equity total12 870.389 146.8210 663.0910 034.4211 365.71
Balance sheet total (assets)16 151.3212 430.9714 153.5313 319.0114 505.25
Net debt- 232.79- 258.26- 141.72- 136.13- 135.73
Profitability
EBIT-%
ROA10.3 %11.7 %14.8 %13.0 %12.4 %
ROE9.7 %11.6 %15.3 %13.3 %12.4 %
ROI11.1 %12.7 %16.2 %14.1 %13.2 %
Economic value added (EVA)700.71655.601 075.35851.28844.06
Solvency
Equity ratio79.7 %73.6 %75.3 %75.3 %78.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.01.42.12.13.3
Current ratio5.01.42.12.13.3
Cash and cash equivalents232.79258.26141.72136.13135.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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