SimpleBit Studios ApS — Credit Rating and Financial Key Figures

SimpleBit Studios ApS (CVR number: 41519193) is a company from AALBORG. The company recorded a gross profit of 970.1 kDKK in 2023. The operating profit was -114.5 kDKK, while net earnings were -91.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. SimpleBit Studios 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.