Danish Oil Pipe A/S — Credit Rating and Financial Key Figures

Danish Oil Pipe A/S (CVR number: 34890021) is a company from FREDERICIA. The company reported a net sales of 316 mDKK in 2023, demonstrating a growth of 9.9 % compared to the previous year. The operating profit percentage was poor at -0.2 % (EBIT: -0.8 mDKK), while net earnings were 12.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28 %, 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. Danish Oil Pipe A/S's liquidity measured by quick ratio was 2.9 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.