BIOMAR GROUP A/S

BIOMAR GROUP A/S (CVR number: 38570617K) is a company from AARHUS. The company reported a net sales of 17878.4 mDKK in 2023, demonstrating a growth of 0.1 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 860.2 mDKK), while net earnings were 483.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BIOMAR GROUP A/S'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.