BIKESHARE DANMARK A/S — Credit Rating and Financial Key Figures

BIKESHARE DANMARK A/S (CVR number: 34727643) is a company from KØBENHAVN. The company reported a net sales of 14.5 mDKK in 2021, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 1.7 mDKK), while net earnings were 1556.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -21.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BIKESHARE DANMARK A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.