PIRE HOLDING ApS — Credit Rating and Financial Key Figures

PIRE HOLDING ApS (CVR number: 26571049) is a company from GREVE. The company recorded a gross profit of -8.1 kDKK in 2019. The operating profit was -8.1 kDKK, while net earnings were 30.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. PIRE HOLDING ApS's liquidity measured by quick ratio was 2.9 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.