MyBite A/S — Credit Rating and Financial Key Figures

MyBite A/S (CVR number: 38969129) is a company from SKIVE. The company recorded a gross profit of -83.5 kDKK in 2023. The operating profit was -111.3 kDKK, while net earnings were -86.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. MyBite A/S's liquidity measured by quick ratio was 1.1 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.