ByIT ApS — Credit Rating and Financial Key Figures

ByIT ApS (CVR number: 37651206) is a company from NÆSTVED. The company reported a net sales of 1.1 mDKK in 2018, demonstrating a growth of 188.3 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0 mDKK), while net earnings were 13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ByIT ApS's liquidity measured by quick ratio was 16.5 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.