PIGEONS ApS — Credit Rating and Financial Key Figures

PIGEONS ApS (CVR number: 36081724) is a company from ISHØJ. The company recorded a gross profit of 828.1 kDKK in 2016. The operating profit was -174.3 kDKK, while net earnings were -144.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PIGEONS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.