PINEAPPLE RECORDS ApS — Credit Rating and Financial Key Figures

PINEAPPLE RECORDS ApS (CVR number: 15135689) is a company from VEJEN. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -10.8 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.4 mDKK), while net earnings were 1584.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PINEAPPLE RECORDS ApS's liquidity measured by quick ratio was 22 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.