Culturebites ApS — Credit Rating and Financial Key Figures

Culturebites ApS (CVR number: 40278273) is a company from KØBENHAVN. The company recorded a gross profit of 180.5 kDKK in 2023. The operating profit was -51.7 kDKK, while net earnings were -56.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.6 %, which can be considered poor and Return on Equity (ROE) was -111.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Culturebites ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.