BITE ApS — Credit Rating and Financial Key Figures

BITE ApS (CVR number: 39754754) is a company from HVIDOVRE. The company recorded a gross profit of 1966 kDKK in 2023. The operating profit was -635.9 kDKK, while net earnings were -923.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.2 %, which can be considered poor and Return on Equity (ROE) was -28.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BITE ApS's liquidity measured by quick ratio was 1.4 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.