Bio Recycling ApS — Credit Rating and Financial Key Figures

Bio Recycling ApS (CVR number: 41933399) is a company from MIDDELFART. The company recorded a gross profit of 51.2 mDKK in 2023. The operating profit was 43.9 mDKK, while net earnings were 36.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 57.7 %, which can be considered excellent and Return on Equity (ROE) was 85.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bio Recycling ApS's liquidity measured by quick ratio was 2.5 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.