BIOCOVER HOLDING A/S — Credit Rating and Financial Key Figures

BIOCOVER HOLDING A/S (CVR number: 35634894) is a company from VEJEN. The company recorded a gross profit of 184.5 kDKK in 2023. The operating profit was -185.6 kDKK, while net earnings were -323 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.5 %, which can be considered poor and Return on Equity (ROE) was -40.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BIOCOVER HOLDING A/S'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.