STAR PIPE NORDIC ApS — Credit Rating and Financial Key Figures

STAR PIPE NORDIC ApS (CVR number: 33351607) is a company from VEJLE. The company recorded a gross profit of 1389.7 kDKK in 2024. The operating profit was -654.5 kDKK, while net earnings were -526.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.2 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. STAR PIPE NORDIC ApS's liquidity measured by quick ratio was 2.8 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.