CYKELGEAR A/S — Credit Rating and Financial Key Figures

CYKELGEAR A/S (CVR number: 35252002) is a company from REBILD. The company recorded a gross profit of 33 mDKK in 2023. The operating profit was 12.4 mDKK, while net earnings were 9487.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. CYKELGEAR A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.