Biofuel Projects ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Biofuel Projects ApS
Biofuel Projects ApS (CVR number: 39021005) is a company from VEJLE. The company recorded a gross profit of -168.2 kDKK in 2024. The operating profit was -169.6 kDKK, while net earnings were -157.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.7 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. Biofuel Projects ApS's liquidity measured by quick ratio was 4.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1.90 | 1.03 | |||
Gross profit | 0.89 | -1.68 | 837.10 | - 168.21 | |
EBIT | 0.89 | -1.68 | 837.10 | - 169.64 | |
Net earnings | 0.87 | -1.75 | -0.04 | 560.19 | - 157.10 |
Shareholders equity total | 77.52 | 111.77 | 111.73 | 671.92 | 264.82 |
Balance sheet total (assets) | 100.92 | 135.17 | 123.73 | 926.92 | 346.82 |
Net debt | 19.61 | 9.92 | 8.80 | - 873.32 | - 291.81 |
Profitability | |||||
EBIT-% | 46.7 % | -162.6 % | |||
ROA | 1.0 % | -1.4 % | 182.0 % | -24.7 % | |
ROE | 1.1 % | -1.8 % | -0.0 % | 143.0 % | -33.5 % |
ROI | 1.0 % | -1.4 % | 180.5 % | -33.5 % | |
Economic value added (EVA) | -3.03 | -6.75 | -6.79 | 646.72 | - 203.40 |
Solvency | |||||
Equity ratio | 76.8 % | 82.7 % | 90.3 % | 72.5 % | 76.4 % |
Gearing | 30.2 % | 20.9 % | 10.7 % | ||
Relative net indebtedness % | 1035.0 % | 958.0 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 1.7 | 0.3 | 3.6 | 4.2 |
Current ratio | 0.2 | 1.7 | 0.3 | 3.6 | 4.2 |
Cash and cash equivalents | 3.79 | 13.49 | 3.20 | 873.32 | 291.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1035.0 % | 1569.0 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.