BitTech IT ApS — Credit Rating and Financial Key Figures

BitTech IT ApS (CVR number: 37576352) is a company from HVIDOVRE. The company recorded a gross profit of 4455.1 kDKK in 2024. The operating profit was 1233.3 kDKK, while net earnings were 848.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 156.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.6 %, 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. BitTech IT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.