MyBite Production A/S — Credit Rating and Financial Key Figures

MyBite Production A/S (CVR number: 21788740) is a company from SKIVE. The company recorded a gross profit of -1585.2 kDKK in 2023. The operating profit was -2455 kDKK, while net earnings were -2078.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30 %, which can be considered poor and Return on Equity (ROE) was -60.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. MyBite Production A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.