PIPETEK A/S — Credit Rating and Financial Key Figures

PIPETEK A/S (CVR number: 26108578) is a company from VARDE. The company recorded a gross profit of 7364.1 kDKK in 2023. The operating profit was 1257 kDKK, while net earnings were 830.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. PIPETEK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.