PIPE JOINT ENGINEERING ApS — Credit Rating and Financial Key Figures

PIPE JOINT ENGINEERING ApS (CVR number: 34702616) is a company from ALLERØD. The company recorded a gross profit of -262.7 kDKK in 2021. The operating profit was -452.1 kDKK, while net earnings were -418 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PIPE JOINT ENGINEERING ApS'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.