FORMPIPE SOFTWARE A/S — Credit Rating and Financial Key Figures

FORMPIPE SOFTWARE A/S (CVR number: 29177015) is a company from BALLERUP. The company reported a net sales of 107.9 mDKK in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 15.4 % (EBIT: 16.6 mDKK), while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. FORMPIPE SOFTWARE A/S's liquidity measured by quick ratio was 2.1 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.