Bings BikeStore ApS — Credit Rating and Financial Key Figures

CVR number: 38001310
Grumstolsvej 6, 8270 Højbjerg

Credit rating

Company information

Official name
Bings BikeStore ApS
Personnel
11 persons
Established
2016
Company form
Private limited company
Industry

About Bings BikeStore ApS

Bings BikeStore ApS (CVR number: 38001310) is a company from AARHUS. The company recorded a gross profit of 2522.2 kDKK in 2023. The operating profit was 1043.3 kDKK, while net earnings were 773.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bings BikeStore ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 283.082 393.922 949.282 843.022 522.22
EBIT249.501 227.991 419.431 338.211 043.30
Net earnings216.42942.401 099.661 020.61773.25
Shareholders equity total78.071 020.482 007.142 877.753 501.01
Balance sheet total (assets)2 975.203 297.194 315.635 914.296 192.33
Net debt816.26- 719.99- 598.04- 426.82- 967.07
Profitability
EBIT-%
ROA8.8 %39.2 %37.4 %25.9 %16.9 %
ROE16.3 %171.6 %72.6 %41.8 %24.2 %
ROI25.5 %120.1 %88.4 %52.5 %32.0 %
Economic value added (EVA)311.42957.151 088.77979.24686.18
Solvency
Equity ratio2.6 %30.9 %46.5 %48.7 %56.5 %
Gearing1147.6 %5.9 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.70.40.7
Current ratio1.01.41.91.92.3
Cash and cash equivalents79.71719.99716.54426.82967.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAABBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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