STEINBACH PIANO ApS — Credit Rating and Financial Key Figures

STEINBACH PIANO ApS (CVR number: 14591338) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2016. The operating profit was 0 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. STEINBACH PIANO ApS's liquidity measured by quick ratio was 2.8 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.