PILGAARDS BAGERI ApS — Credit Rating and Financial Key Figures

PILGAARDS BAGERI ApS (CVR number: 13910332) is a company from AALBORG. The company recorded a gross profit of 2319.6 kDKK in 2016. The operating profit was -178.5 kDKK, while net earnings were -191.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -51.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -64 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PILGAARDS BAGERI ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.