Algon IVS — Credit Rating and Financial Key Figures

Algon IVS (CVR number: 37768065) is a company from FREDENSBORG. The company reported a net sales of 0 mDKK in 2017, demonstrating a growth of 19.4 % compared to the previous year. The operating profit percentage was at 31.9 % (EBIT: 0 mDKK), while net earnings were 3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 97.4 %, which can be considered excellent and Return on Equity (ROE) was 93.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. Algon IVS's liquidity measured by quick ratio was 3.9 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.