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Pipe Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pipe Holding ApS
Pipe Holding ApS (CVR number: 40503854) is a company from KØBENHAVN. The company recorded a gross profit of -20.1 kDKK in 2025. The operating profit was -20.1 kDKK, while net earnings were 3826.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Pipe Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -14.16 | -13.88 | -17.92 | -16.06 | -20.13 |
| EBIT | -14.16 | -13.88 | -17.92 | -16.06 | -20.13 |
| Net earnings | 1 790.39 | - 158.30 | - 171.28 | 1 824.78 | 3 826.60 |
| Shareholders equity total | 13 300.00 | 13 141.70 | 12 970.43 | 14 795.21 | 14 621.80 |
| Balance sheet total (assets) | 21 751.21 | 21 247.38 | 21 942.00 | 22 849.22 | 21 492.61 |
| Net debt | 8 436.78 | 8 043.15 | 8 957.96 | 7 817.04 | 6 805.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.6 % | 0.6 % | 0.5 % | 9.5 % | 18.6 % |
| ROE | 14.4 % | -1.2 % | -1.3 % | 13.1 % | 26.0 % |
| ROI | 9.7 % | 0.6 % | 0.5 % | 9.5 % | 18.7 % |
| Economic value added (EVA) | -1 123.84 | -1 103.31 | -1 081.24 | -1 114.65 | -1 157.91 |
| Solvency | |||||
| Equity ratio | 61.1 % | 61.9 % | 59.1 % | 64.8 % | 68.0 % |
| Gearing | 63.5 % | 61.6 % | 69.1 % | 53.4 % | 46.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.4 | 0.5 | 0.6 | 0.6 |
| Current ratio | 0.5 | 0.4 | 0.5 | 0.6 | 0.6 |
| Cash and cash equivalents | 4.42 | 52.53 | 3.61 | 86.86 | 49.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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