ENORM BioFactory A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ENORM BioFactory A/S
ENORM BioFactory A/S (CVR number: 38847147) is a company from HEDENSTED. The company recorded a gross profit of -6798.9 kDKK in 2023. The operating profit was -22 mDKK, while net earnings were -31.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ENORM BioFactory A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 523.29 | -2 329.33 | -2 979.38 | -4 007.02 | -6 798.94 |
EBIT | -3 301.99 | -3 778.63 | -6 808.28 | -14 936.75 | -22 035.64 |
Net earnings | -2 669.08 | -2 619.80 | -5 242.82 | -12 356.93 | -31 305.71 |
Shareholders equity total | -2 910.01 | -5 529.80 | -10 772.62 | 161 562.22 | 130 256.51 |
Balance sheet total (assets) | 20 211.39 | 26 969.09 | 48 878.59 | 318 804.10 | 493 844.51 |
Net debt | 10 601.47 | 20 135.22 | 28 372.83 | 55 939.94 | 283 553.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.3 % | -13.6 % | -14.8 % | -6.4 % | -5.1 % |
ROE | -13.2 % | -11.1 % | -13.8 % | -11.7 % | -21.5 % |
ROI | -19.3 % | -19.6 % | -26.9 % | -7.5 % | -5.7 % |
Economic value added (EVA) | -2 576.01 | -1 976.16 | -4 346.85 | -11 637.68 | -15 139.59 |
Solvency | |||||
Equity ratio | 70.2 % | 42.2 % | -14.9 % | 69.5 % | 51.9 % |
Gearing | -587.7 % | -388.2 % | -264.3 % | 81.7 % | 230.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.3 | 0.1 | 5.7 | 0.8 |
Current ratio | 1.7 | 0.4 | 0.1 | 5.7 | 0.8 |
Cash and cash equivalents | 6 501.49 | 1 328.80 | 102.66 | 76 091.58 | 17 199.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
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