ADENIUM BIOTECH ApS — Credit Rating and Financial Key Figures

ADENIUM BIOTECH ApS (CVR number: 33882785) is a company from KØBENHAVN. The company recorded a gross profit of -2898.1 kDKK in 2019. The operating profit was -3973.6 kDKK, while net earnings were -3504.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.5 %, which can be considered poor and Return on Equity (ROE) was -135.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ADENIUM BIOTECH ApS's liquidity measured by quick ratio was 9.2 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.