PIA MADSEN HOLDING A/S — Credit Rating and Financial Key Figures

PIA MADSEN HOLDING A/S (CVR number: 28105487) is a company from SYDDJURS. The company recorded a gross profit of -29.9 kDKK in 2023. The operating profit was -29.9 kDKK, while net earnings were 4085 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PIA MADSEN HOLDING A/S's liquidity measured by quick ratio was 611.7 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.