Indian Bites ApS — Credit Rating and Financial Key Figures

Indian Bites ApS (CVR number: 40925708) is a company from ISHØJ. The company recorded a gross profit of 1473 kDKK in 2023. The operating profit was 264.7 kDKK, while net earnings were 207 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.7 %, which can be considered excellent and Return on Equity (ROE) was 110.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Indian Bites ApS's liquidity measured by quick ratio was 1.2 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.