Byte Array ApS — Credit Rating and Financial Key Figures

Byte Array ApS (CVR number: 38150642) is a company from AARHUS. The company recorded a gross profit of 1017.1 kDKK in 2023. The operating profit was 214.2 kDKK, while net earnings were 163.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.3 %, which can be considered excellent and Return on Equity (ROE) was 61.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Byte Array ApS's liquidity measured by quick ratio was 3.5 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.