PIEDINI ApS — Credit Rating and Financial Key Figures

PIEDINI ApS (CVR number: 35829946) is a company from ODENSE. The company recorded a gross profit of 171.4 kDKK in 2023. The operating profit was 26.2 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. PIEDINI ApS's liquidity measured by quick ratio was 3.1 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.