SSB-bikes ApS — Credit Rating and Financial Key Figures

CVR number: 38252135
Møllestensvej 13, 2625 Vallensbæk
tsa@scandinaviansidebike.com

Company information

Official name
SSB-bikes ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About SSB-bikes ApS

SSB-bikes ApS (CVR number: 38252135) is a company from VALLENSBÆK. The company recorded a gross profit of 238.3 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. SSB-bikes ApS's liquidity measured by quick ratio was 2.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales451.93835.001 347.38
Gross profit108.36289.57334.60331.13238.33
EBIT108.36289.57111.51167.51-6.21
Net earnings76.97222.1975.27107.07-15.32
Shareholders equity total185.18288.58308.55365.62294.30
Balance sheet total (assets)210.30537.00463.97471.77437.12
Net debt- 111.85- 413.21- 135.78- 223.55-22.45
Profitability
EBIT-%24.0 %34.7 %8.3 %
ROA61.6 %77.5 %22.3 %35.8 %-1.4 %
ROE52.4 %93.8 %25.2 %31.8 %-4.6 %
ROI73.8 %104.3 %27.5 %38.7 %-1.6 %
Economic value added (EVA)84.38222.1897.14127.67-9.78
Solvency
Equity ratio88.1 %63.3 %66.5 %77.5 %75.8 %
Gearing28.2 %40.5 %16.5 %23.9 %
Relative net indebtedness %-19.2 %-29.5 %-8.3 %
Liquidity
Quick ratio4.53.02.33.02.4
Current ratio8.42.23.14.43.1
Cash and cash equivalents111.85494.50260.77283.7692.72
Capital use efficiency
Trade debtors turnover (days)7.3
Net working capital %41.0 %34.6 %23.4 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-1.37%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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