ENORM BioFactory A/S — Credit Rating and Financial Key Figures

ENORM BioFactory A/S (CVR number: 38847147K) is a company from HEDENSTED. The company recorded a gross profit of 224.6 kDKK in 2018. The operating profit was -946.1 kDKK, while net earnings were -740.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.6 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. ENORM BioFactory A/S's liquidity measured by quick ratio was 1.6 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.