Indorama Ventures Denmark Holdings A/S — Credit Rating and Financial Key Figures

Indorama Ventures Denmark Holdings A/S (CVR number: 18144085) is a company from VARDE. The company recorded a gross profit of -25 kDKK in 2023. The operating profit was -25 kDKK, while net earnings were -1425 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Indorama Ventures Denmark Holdings A/S's liquidity measured by quick ratio was 237.6 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.