Pro-Pipe Energy ApS — Credit Rating and Financial Key Figures

Pro-Pipe Energy ApS (CVR number: 40340416) is a company from VARDE. The company recorded a gross profit of -172.3 kDKK in 2023. The operating profit was -259.4 kDKK, while net earnings were 4638.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.6 %, which can be considered excellent and Return on Equity (ROE) was 86.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Pro-Pipe Energy 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.