PIET HEIN TRADING ApS — Credit Rating and Financial Key Figures

PIET HEIN TRADING ApS (CVR number: 27052738) is a company from MIDDELFART. The company recorded a gross profit of 1801 kDKK in 2023. The operating profit was 537.5 kDKK, while net earnings were 204.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PIET HEIN TRADING ApS's liquidity measured by quick ratio was 2.1 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.