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 -14.7 kDKK in 2024. The operating profit was -14.7 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.5 %, 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 6 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.