BiOrigin ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BiOrigin ApS
BiOrigin ApS (CVR number: 38734164) is a company from FREDERIKSBERG. The company recorded a gross profit of 8695 kDKK in 2024. The operating profit was -9429.4 kDKK, while net earnings were -7045.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.4 %, which can be considered poor and Return on Equity (ROE) was -49.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. BiOrigin ApS's liquidity measured by quick ratio was 4.6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 651.84 | 2 026.89 | |||
Gross profit | 1 068.70 | 125.47 | 979.15 | 2 876.44 | 8 695.01 |
EBIT | -3 993.24 | -3 567.35 | -7 702.52 | -14 609.72 | -9 429.45 |
Net earnings | -3 109.05 | -2 829.71 | -6 017.83 | -11 228.03 | -7 045.48 |
Shareholders equity total | 9 335.64 | 6 505.93 | 10 488.10 | 10 260.07 | 18 214.59 |
Balance sheet total (assets) | 10 960.48 | 7 769.13 | 13 540.35 | 14 613.81 | 22 793.66 |
Net debt | -9 001.25 | -6 645.75 | -9 393.51 | -7 326.37 | -13 999.71 |
Profitability | |||||
EBIT-% | -241.7 % | -176.0 % | |||
ROA | -45.4 % | -38.1 % | -72.2 % | -102.5 % | -48.4 % |
ROE | -42.1 % | -35.7 % | -70.8 % | -108.2 % | -49.5 % |
ROI | -51.3 % | -42.4 % | -87.7 % | -138.5 % | -63.3 % |
Economic value added (EVA) | -3 388.32 | -3 251.94 | -6 336.60 | -11 879.38 | -7 835.05 |
Solvency | |||||
Equity ratio | 85.2 % | 83.7 % | 77.5 % | 70.2 % | 79.9 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | -446.6 % | -265.6 % | |||
Liquidity | |||||
Quick ratio | 9.6 | 10.2 | 4.2 | 3.2 | 4.6 |
Current ratio | 9.6 | 10.2 | 4.2 | 3.2 | 4.6 |
Cash and cash equivalents | 9 001.25 | 6 645.75 | 9 393.51 | 7 326.37 | 14 023.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 101.7 | 54.3 | |||
Net working capital % | 593.8 % | 344.8 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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