BITSHIFTERS ApS — Credit Rating and Financial Key Figures

BITSHIFTERS ApS (CVR number: 29628408) is a company from SYDDJURS. The company recorded a gross profit of -13.8 kDKK in 2023. The operating profit was -13.8 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, which can be considered poor and Return on Equity (ROE) was -26.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BITSHIFTERS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.