Bike King ApS — Credit Rating and Financial Key Figures

Bike King ApS (CVR number: 43523554) is a company from BRØNDBY. The company recorded a gross profit of -30.3 kDKK in 2022. The operating profit was -30.3 kDKK, while net earnings were -30.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.7 %, which can be considered poor and Return on Equity (ROE) was -311.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. Bike King ApS's liquidity measured by quick ratio was 1.3 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.