Qorvo Denmark ApS — Credit Rating and Financial Key Figures

Qorvo Denmark ApS (CVR number: 25559177K) is a company from AALBORG. The company recorded a gross profit of 20.4 mDKK in 2017. The operating profit was 2427 kDKK, while net earnings were 913.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Qorvo Denmark ApS's liquidity measured by quick ratio was 9.8 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.