Inno Pipe Nordics A/S — Credit Rating and Financial Key Figures

Inno Pipe Nordics A/S (CVR number: 43320939) is a company from RANDERS. The company recorded a gross profit of 12.2 mDKK in 2023. The operating profit was 1618.1 kDKK, while net earnings were 1220.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.6 %, which can be considered excellent and Return on Equity (ROE) was 134.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Inno Pipe Nordics 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.