BIT Invest ApS — Credit Rating and Financial Key Figures

CVR number: 32344755
Østergrave 4, Purhus 8900 Randers C
bln@bitholding.dk
tel: 87101240

Company information

Official name
BIT Invest ApS
Established
2014
Domicile
Purhus
Company form
Private limited company
Industry

About BIT Invest ApS

BIT Invest ApS (CVR number: 32344755) is a company from RANDERS. The company recorded a gross profit of 356.7 kDKK in 2024. The operating profit was 456.7 kDKK, while net earnings were 189.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. BIT Invest ApS's liquidity measured by quick ratio was 0.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit350.66350.78367.10301.96356.66
EBIT350.66350.781 267.10301.96456.66
Net earnings198.14204.161 544.37101.44189.89
Shareholders equity total1 721.601 925.753 470.122 654.522 844.41
Balance sheet total (assets)7 864.158 068.989 182.118 521.258 620.83
Net debt5 432.665 331.344 386.554 890.804 809.90
Profitability
EBIT-%
ROA4.6 %4.5 %25.8 %3.4 %5.3 %
ROE12.2 %11.2 %57.2 %3.3 %6.9 %
ROI4.6 %4.6 %26.3 %3.5 %5.4 %
Economic value added (EVA)- 108.38- 113.51592.62- 207.68-60.62
Solvency
Equity ratio21.9 %23.9 %37.8 %31.2 %33.0 %
Gearing315.6 %280.5 %132.6 %184.4 %169.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.34.62.40.00.1
Current ratio3.34.22.40.00.1
Cash and cash equivalents1.5270.23213.483.2911.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:5.34%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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