DonkeyRepublic Bike ApS — Credit Rating and Financial Key Figures

DonkeyRepublic Bike ApS (CVR number: 39537001) is a company from KØBENHAVN. The company reported a net sales of 16.8 mDKK in 2023, demonstrating a growth of 72 % compared to the previous year. The operating profit percentage was at 38.4 % (EBIT: 6.4 mDKK), while net earnings were 584.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23 %, 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. DonkeyRepublic Bike ApS's liquidity measured by quick ratio was 0.4 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.