BIOLAT ApS — Credit Rating and Financial Key Figures

BIOLAT ApS (CVR number: 25607120) is a company from VEJLE. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. BIOLAT ApS's liquidity measured by quick ratio was 1.5 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.