BitNordic ApS — Credit Rating and Financial Key Figures

CVR number: 41940778
Kong Christians Alle 7 B, 3480 Fredensborg
info@bitnordic.com
https://bitnordic.com/

Credit rating

Company information

Official name
BitNordic ApS
Personnel
3 persons
Established
2020
Company form
Private limited company
Industry

About BitNordic ApS

BitNordic ApS (CVR number: 41940778) is a company from FREDENSBORG. The company recorded a gross profit of 1953.6 kDKK in 2024. The operating profit was 184.6 kDKK, while net earnings were 140.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BitNordic ApS's liquidity measured by quick ratio was 2.7 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit4 810.191 280.951 376.161 953.62
EBIT3 821.14- 941.351 182.14184.62
Net earnings3 046.81- 949.821 120.89140.42
Shareholders equity total11 061.092 211.987 140.834 216.83
Balance sheet total (assets)13 443.452 378.038 476.124 676.13
Net debt-1 246.78- 268.48- 425.75- 317.05
Profitability
EBIT-%
ROA28.8 %-11.4 %22.2 %2.9 %
ROE27.5 %-14.3 %24.0 %2.5 %
ROI29.9 %-11.9 %23.0 %3.0 %
Economic value added (EVA)3 026.98-1 473.871 004.13- 194.87
Solvency
Equity ratio82.3 %93.0 %84.2 %90.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.04.72.42.7
Current ratio3.04.72.42.7
Cash and cash equivalents1 246.78268.48425.75317.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBABBB

Variable visualization

ROA:2.90%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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