Bitter Investments Holding Company ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bitter Investments Holding Company ApS
Bitter Investments Holding Company ApS (CVR number: 38009818) is a company from KØBENHAVN. The company recorded a gross profit of -25.9 kDKK in 2023. The operating profit was -108 kDKK, while net earnings were 580 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bitter Investments Holding Company ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.51 | -5.58 | -32.33 | -63.81 | -25.94 |
EBIT | -13.44 | -5.58 | - 304.23 | - 278.19 | - 108.04 |
Net earnings | - 157.45 | -5.60 | - 307.07 | - 189.51 | 579.96 |
Shareholders equity total | 5.26 | - 665.24 | - 972.32 | 3 156.28 | 3 736.24 |
Balance sheet total (assets) | 1 045.49 | 796.52 | 2 066.34 | 7 233.61 | 6 490.13 |
Net debt | -31.28 | -9.24 | - 510.33 | 3 077.30 | 2 366.69 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.0 % | -51.8 % | -13.5 % | -2.9 % | 10.3 % |
ROE | -1312.8 % | -1.4 % | -21.5 % | -7.3 % | 16.8 % |
ROI | -17.0 % | 51.4 % | -42.1 % | -4.6 % | 11.1 % |
Economic value added (EVA) | -15.10 | -4.28 | - 269.35 | - 117.06 | - 224.73 |
Solvency | |||||
Equity ratio | 0.5 % | -45.5 % | -32.0 % | 43.6 % | 57.6 % |
Gearing | 107.2 % | 64.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 19.9 | 165.5 | 1.6 | 1.4 |
Current ratio | 5.3 | 19.9 | 165.5 | 1.6 | 1.4 |
Cash and cash equivalents | 31.28 | 9.24 | 510.33 | 306.24 | 36.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | A |
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