Golan Pipe Systems A/S — Credit Rating and Financial Key Figures

Golan Pipe Systems A/S (CVR number: 21829641) is a company from MIDDELFART. The company recorded a gross profit of 22.2 mDKK in 2024. The operating profit was 4887.7 kDKK, while net earnings were 2747.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Golan Pipe Systems A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.