BIT BY BIT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIT BY BIT ApS
BIT BY BIT ApS (CVR number: 20959703) is a company from RUDERSDAL. The company recorded a gross profit of -11 kDKK in 2022. The operating profit was -11 kDKK, while net earnings were -11 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. BIT BY BIT ApS's liquidity measured by quick ratio was 1.8 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.81 | 14.38 | 43.55 | 3.48 | -10.99 |
EBIT | 3.81 | 14.38 | 43.55 | 3.48 | -10.99 |
Net earnings | -9.81 | 12.48 | 33.76 | 2.74 | -11.00 |
Shareholders equity total | 299.93 | 272.41 | 264.17 | 221.91 | 165.91 |
Balance sheet total (assets) | 610.33 | 646.52 | 390.29 | 392.45 | 375.92 |
Net debt | - 308.66 | - 635.25 | -99.99 | - 100.00 | - 370.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 2.3 % | 8.4 % | 0.9 % | -2.9 % |
ROE | -3.1 % | 4.4 % | 12.6 % | 1.1 % | -5.7 % |
ROI | 0.6 % | 3.3 % | 16.2 % | 1.4 % | -5.7 % |
Economic value added (EVA) | 16.94 | 28.05 | 52.00 | -4.77 | -17.12 |
Solvency | |||||
Equity ratio | 49.1 % | 42.1 % | 67.7 % | 56.5 % | 44.1 % |
Gearing | 100.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.7 | 3.1 | 2.3 | 1.8 |
Current ratio | 2.0 | 1.7 | 3.1 | 2.3 | 1.8 |
Cash and cash equivalents | 609.66 | 635.25 | 99.99 | 100.00 | 370.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.