Pier-byg ApS — Credit Rating and Financial Key Figures

Pier-byg ApS (CVR number: 44782472) is a company from VARDE. The company recorded a gross profit of 93.7 kDKK in 2024. The operating profit was 19.4 kDKK, while net earnings were 12.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Pier-byg ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.