BioCirc Grønhøj Biogas ApS — Credit Rating and Financial Key Figures

BioCirc Grønhøj Biogas ApS (CVR number: 40518495) is a company from VIBORG. The company recorded a gross profit of 4957.8 kDKK in 2023. The operating profit was -13.7 mDKK, while net earnings were -8233.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -17.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BioCirc Grønhøj Biogas ApS's liquidity measured by quick ratio was 4.2 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.