Bit Better Technology ApS — Credit Rating and Financial Key Figures

Bit Better Technology ApS (CVR number: 36716290) is a company from KØGE. The company recorded a gross profit of 1073.3 kDKK in 2023. The operating profit was 25.5 kDKK, while net earnings were 19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. Bit Better Technology ApS's liquidity measured by quick ratio was 3.4 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.