BIaas ApS — Credit Rating and Financial Key Figures

BIaas ApS (CVR number: 39460572) is a company from KØBENHAVN. The company recorded a gross profit of 160.4 kDKK in 2018. The operating profit was -70.5 kDKK, while net earnings were -55.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.5 %, which can be considered poor and Return on Equity (ROE) was -124.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. BIaas 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.