CYCLINGPARTS ApS — Credit Rating and Financial Key Figures

CYCLINGPARTS ApS (CVR number: 30085957) is a company from RANDERS. The company recorded a gross profit of 2597.1 kDKK in 2023. The operating profit was 1275.2 kDKK, while net earnings were 1040.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.2 %, which can be considered excellent and Return on Equity (ROE) was 39.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CYCLINGPARTS ApS's liquidity measured by quick ratio was 4.7 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.