Pipeline ApS — Credit Rating and Financial Key Figures

Pipeline ApS (CVR number: 25223217) is a company from KØBENHAVN. The company recorded a gross profit of 393.6 kDKK in 2023. The operating profit was -262 kDKK, while net earnings were -1.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.8 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -52.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Pipeline ApS's liquidity measured by quick ratio was 1.5 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.