Credit rating
Company information
About PIPECON A/S
PIPECON A/S (CVR number: 20661097) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -51 kDKK in 2022. The operating profit was -385.6 kDKK, while net earnings were -247.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PIPECON A/S's liquidity measured by quick ratio was 61.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 690.45 | 4 158.00 | 2 972.29 | - 755.15 | -51.04 |
EBIT | -11 307.04 | 243.96 | - 974.71 | -4 359.70 | - 385.64 |
Net earnings | -9 917.60 | 348.86 | - 740.91 | -3 932.43 | - 247.47 |
Shareholders equity total | 5 513.00 | 5 865.19 | 5 084.68 | 1 149.12 | 901.64 |
Balance sheet total (assets) | 15 419.48 | 10 030.10 | 8 652.28 | 3 067.50 | 916.64 |
Net debt | 6 522.63 | 1 597.76 | 644.89 | - 302.86 | - 781.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -83.4 % | 4.7 % | -8.9 % | -82.3 % | -15.9 % |
ROE | -327.7 % | 6.1 % | -13.5 % | -126.2 % | -24.1 % |
ROI | -110.8 % | 5.9 % | -12.0 % | -131.7 % | -30.8 % |
Economic value added (EVA) | -8 837.44 | -76.38 | -1 044.68 | -3 578.14 | - 313.40 |
Solvency | |||||
Equity ratio | 35.8 % | 58.5 % | 58.8 % | 37.5 % | 98.4 % |
Gearing | 129.9 % | 30.9 % | 21.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.1 | 1.7 | 1.2 | 61.1 |
Current ratio | 1.5 | 2.4 | 2.1 | 1.3 | 61.1 |
Cash and cash equivalents | 640.00 | 212.64 | 449.91 | 302.86 | 781.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | B | B |
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