Bitsch & Bitsch ApS — Credit Rating and Financial Key Figures

CVR number: 29521158
Evanstonevej 2, 2900 Hellerup
sb@bitschbitsch.dk
tel: 26705544
www.bitschbitsch.dk

Credit rating

Company information

Official name
Bitsch & Bitsch ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry
  • Expand more icon702000

About Bitsch & Bitsch ApS

Bitsch & Bitsch ApS (CVR number: 29521158) is a company from GENTOFTE. The company recorded a gross profit of 779.9 kDKK in 2024. The operating profit was 185.4 kDKK, while net earnings were 150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -64.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bitsch & Bitsch ApS's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit363.32665.33382.20380.95779.92
EBIT60.13386.61103.56112.96185.37
Net earnings51.55383.1150.98112.71150.62
Shareholders equity total-1 654.20-1 271.09-1 220.11-1 107.40- 956.78
Balance sheet total (assets)438.84735.25317.00182.63521.31
Net debt1 672.061 294.871 419.671 029.12609.78
Profitability
EBIT-%
ROA2.8 %18.9 %8.7 %8.0 %13.4 %
ROE11.9 %65.3 %9.7 %45.1 %42.8 %
ROI3.4 %22.3 %3.4 %8.5 %16.0 %
Economic value added (EVA)159.31474.28188.21176.12214.48
Solvency
Equity ratio-79.0 %-63.4 %-79.4 %-85.8 %-64.7 %
Gearing-106.5 %-134.4 %-119.4 %-107.5 %-118.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.20.10.4
Current ratio0.10.30.20.10.4
Cash and cash equivalents90.42413.3636.94161.77521.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-64.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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