B-BIKE ApS — Credit Rating and Financial Key Figures

B-BIKE ApS (CVR number: 34891435) is a company from RUDERSDAL. The company recorded a gross profit of 4243.3 kDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit was 491.3 kDKK, while net earnings were 290.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. B-BIKE ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.