NETBITS ApS — Credit Rating and Financial Key Figures

NETBITS ApS (CVR number: 35483241) is a company from DRAGØR. The company recorded a gross profit of 340.9 kDKK in 2017. The operating profit was -9.4 kDKK, while net earnings were 5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NETBITS ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.