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SCANPIPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANPIPE A/S
SCANPIPE A/S (CVR number: 27512593) is a company from ODENSE. The company reported a net sales of 631.6 mDKK in 2025, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 10.2 mDKK), while net earnings were 4267 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.6 %, 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. SCANPIPE A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 515.19 | 653.55 | 594.82 | 624.82 | 631.58 |
| Gross profit | 123.24 | 146.49 | 126.39 | 121.92 | 117.76 |
| EBIT | 52.26 | 63.11 | 40.88 | 20.46 | 10.15 |
| Net earnings | 40.23 | 49.18 | 32.58 | 16.59 | 4.27 |
| Shareholders equity total | 106.41 | 125.09 | 127.22 | 136.23 | 136.96 |
| Balance sheet total (assets) | 202.57 | 252.48 | 262.91 | 272.73 | 275.99 |
| Net debt | 38.75 | 37.49 | |||
| Profitability | |||||
| EBIT-% | 10.1 % | 9.7 % | 6.9 % | 3.3 % | 1.6 % |
| ROA | 27.4 % | 27.7 % | 15.9 % | 8.7 % | 3.4 % |
| ROE | 39.8 % | 42.5 % | 25.8 % | 12.6 % | 3.1 % |
| ROI | 27.4 % | 27.7 % | 15.9 % | 10.4 % | 5.0 % |
| Economic value added (EVA) | 47.44 | 57.76 | 34.60 | 9.37 | -2.57 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.0 % | 49.6 % |
| Gearing | 28.8 % | 27.4 % | |||
| Relative net indebtedness % | 21.6 % | 21.9 % | |||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.2 | |||
| Current ratio | 1.8 | 1.8 | |||
| Cash and cash equivalents | 0.47 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 69.1 | 72.3 | |||
| Net working capital % | 15.9 % | 15.6 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | AA | AA |
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