NEW PIPE TECHNOLOGIES ApS — Credit Rating and Financial Key Figures

NEW PIPE TECHNOLOGIES ApS (CVR number: 35860371) is a company from KØBENHAVN. The company recorded a gross profit of -10.8 kEUR in 2017. The operating profit was -10.8 kEUR, while net earnings were -130.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 113.8 %, which can be considered excellent but Return on Equity (ROE) was -154.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. NEW PIPE TECHNOLOGIES ApS's liquidity measured by quick ratio was 2.7 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.