BioCirc Vinkel Biogas ApS — Credit Rating and Financial Key Figures

BioCirc Vinkel Biogas ApS (CVR number: 39420236) is a company from SKIVE. The company reported a net sales of 426.8 mDKK in 2023, demonstrating a decline of -24.6 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 32.9 mDKK), while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. BioCirc Vinkel Biogas ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.