NORDIC PIPE ApS — Credit Rating and Financial Key Figures

NORDIC PIPE ApS (CVR number: 26533643) is a company from MIDDELFART. The company recorded a gross profit of 692.7 kDKK in 2023. The operating profit was 318.9 kDKK, while net earnings were 226 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. NORDIC PIPE ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.