BITE ApS — Credit Rating and Financial Key Figures

BITE ApS (CVR number: 39754754) is a company from KØBENHAVN. The company recorded a gross profit of 3445.7 kDKK in 2024. The operating profit was 84.1 kDKK, while net earnings were -277.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.4 %. 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 1.6 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.