Greenpipe Relining Technology ApS — Credit Rating and Financial Key Figures

Greenpipe Relining Technology ApS (CVR number: 41652845) is a company from FURESØ. The company recorded a gross profit of -6.8 kDKK in 2022. The operating profit was -6.8 kDKK, while net earnings were -7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.7 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. Greenpipe Relining Technology ApS's liquidity measured by quick ratio was 4 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.