BIOLINE HOLDING ApS — Credit Rating and Financial Key Figures

BIOLINE HOLDING ApS (CVR number: 26169216) is a company from VEJLE. The company recorded a gross profit of -20.8 kDKK in 2022. The operating profit was -20.8 kDKK, while net earnings were -115.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BIOLINE HOLDING ApS's liquidity measured by quick ratio was 8.7 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.