OVERGAARD CYKLER ApS — Credit Rating and Financial Key Figures

OVERGAARD CYKLER ApS (CVR number: 29513325) is a company from KØBENHAVN. The company recorded a gross profit of 2858.6 kDKK in 2023, demonstrating a decline of -0.6 % compared to the previous year. The operating profit was 579 kDKK, while net earnings were 460.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. OVERGAARD CYKLER ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.