QBIT ApS — Credit Rating and Financial Key Figures

CVR number: 36411155
Lyskær 8 A, 2730 Herlev

Credit rating

Company information

Official name
QBIT ApS
Personnel
17 persons
Established
2014
Company form
Private limited company
Industry

About QBIT ApS

QBIT ApS (CVR number: 36411155) is a company from HERLEV. The company recorded a gross profit of 9372.3 kDKK in 2023. The operating profit was -656.3 kDKK, while net earnings were -656 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -17.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. QBIT ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 931.008 606.008 444.0011 073.009 372.26
EBIT546.001 761.00708.002 213.00- 656.28
Net earnings157.001 172.00514.001 680.00- 656.02
Shareholders equity total1 448.002 622.003 136.004 005.003 349.23
Balance sheet total (assets)5 987.005 480.007 370.009 810.008 443.85
Net debt-2 361.00-2 509.00-1 535.00-3 186.00-1 641.64
Profitability
EBIT-%
ROA8.7 %30.7 %11.0 %25.8 %-7.0 %
ROE11.5 %57.6 %17.9 %47.1 %-17.8 %
ROI12.8 %50.2 %22.3 %55.0 %-16.1 %
Economic value added (EVA)382.371 459.01585.721 723.45- 537.46
Solvency
Equity ratio24.7 %47.8 %42.6 %40.8 %39.7 %
Gearing12.1 %5.9 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.41.81.61.51.6
Current ratio3.11.81.61.51.6
Cash and cash equivalents2 361.002 509.001 915.003 421.001 892.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-7.04%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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