CUSTOM CYCLE OF DENMARK ApS

CUSTOM CYCLE OF DENMARK ApS (CVR number: 29602913) is a company from VEJEN. The company recorded a gross profit of 2928.3 kDKK in 2023. The operating profit was 245.4 kDKK, while net earnings were 161.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CUSTOM CYCLE OF DENMARK ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.