Pipeline Bioresearch ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pipeline Bioresearch ApS
Pipeline Bioresearch ApS (CVR number: 37831735) is a company from AARHUS. The company recorded a gross profit of -67.1 kDKK in 2023. The operating profit was -129.1 kDKK, while net earnings were -170.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.2 %, which can be considered poor and Return on Equity (ROE) was -84 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. Pipeline Bioresearch ApS's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 022.64 | ||||
Gross profit | 2 022.64 | 1 612.34 | 1 430.00 | - 231.22 | -67.10 |
EBIT | -13.62 | 30.22 | 6.05 | - 231.22 | - 129.10 |
Net earnings | -17.49 | 26.04 | 1.97 | - 235.11 | - 170.54 |
Shareholders equity total | 500.81 | 521.46 | 523.44 | 288.33 | 117.79 |
Balance sheet total (assets) | 2 779.55 | 2 494.06 | 552.02 | 341.07 | 256.48 |
Net debt | - 119.09 | - 361.22 | - 492.67 | - 341.07 | - 256.46 |
Profitability | |||||
EBIT-% | -0.7 % | ||||
ROA | -0.5 % | 1.1 % | 0.4 % | -51.8 % | -43.2 % |
ROE | -3.4 % | 5.1 % | 0.4 % | -57.9 % | -84.0 % |
ROI | -2.0 % | 5.6 % | 1.2 % | -57.0 % | -63.5 % |
Economic value added (EVA) | -18.29 | 22.38 | 8.05 | - 232.77 | - 126.45 |
Solvency | |||||
Equity ratio | 18.0 % | 20.9 % | 94.8 % | 84.5 % | 45.9 % |
Gearing | 10.0 % | ||||
Relative net indebtedness % | 104.3 % | ||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 19.3 | 6.5 | 1.8 |
Current ratio | 1.1 | 1.1 | 19.3 | 6.5 | 1.8 |
Cash and cash equivalents | 169.04 | 361.22 | 492.67 | 341.07 | 256.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 12.0 % | ||||
Credit risk | |||||
Credit rating | BB | BB | B | B | C |
Variable visualization
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