Piniartoq Trawl ApS — Credit Rating and Financial Key Figures

Piniartoq Trawl ApS (CVR number: 12155654) is a company from AVANNAATA. The company recorded a gross profit of 8511 kDKK in 2023. The operating profit was 1819 kDKK, while net earnings were 1368 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Piniartoq Trawl ApS's liquidity measured by quick ratio was 9.9 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.