Pipetek Innovation ApS — Credit Rating and Financial Key Figures

Pipetek Innovation ApS (CVR number: 27335292) is a company from VARDE. The company recorded a gross profit of -12.8 kDKK in 2023. The operating profit was -12.8 kDKK, while net earnings were -0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Pipetek Innovation ApS's liquidity measured by quick ratio was 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.