PIPELINE DISTRIBUTION ApS — Credit Rating and Financial Key Figures

PIPELINE DISTRIBUTION ApS (CVR number: 32293298) is a company from KØBENHAVN. The company recorded a gross profit of 381 kDKK in 2018. The operating profit was 381 kDKK, while net earnings were 278.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 131 %, which can be considered excellent and Return on Equity (ROE) was 251.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PIPELINE DISTRIBUTION 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.