BOREAN INNOVATION A/S — Credit Rating and Financial Key Figures

BOREAN INNOVATION A/S (CVR number: 25378180) is a company from AALBORG. The company recorded a gross profit of -519.5 kDKK in 2023. The operating profit was -963 kDKK, while net earnings were -847.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BOREAN INNOVATION A/S's liquidity measured by quick ratio was 49.5 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.