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 3576.9 kDKK in 2023. The operating profit was 978.8 kDKK, while net earnings were 715.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.8 %, which can be considered excellent and Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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.