Bings BikeStore ApS — Credit Rating and Financial Key Figures

CVR number: 38001310
Grumstolsvej 6, 8270 Højbjerg
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Company information

Official name
Bings BikeStore ApS
Personnel
14 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 3848.1 kDKK in 2024. The operating profit was 1603.1 kDKK, while net earnings were 1231.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56 %, 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 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 393.922 949.282 843.022 522.223 848.15
EBIT1 227.991 419.431 338.211 043.301 603.09
Net earnings942.401 099.661 020.61799.891 231.20
Shareholders equity total1 020.482 007.142 877.753 551.013 926.20
Balance sheet total (assets)3 297.194 315.635 914.296 248.347 015.10
Net debt- 719.99- 598.04- 426.82- 858.63-1 887.69
Profitability
EBIT-%
ROA39.2 %37.4 %25.9 %17.2 %24.2 %
ROE171.6 %72.6 %41.8 %24.9 %32.9 %
ROI120.1 %88.4 %52.5 %32.6 %42.6 %
Economic value added (EVA)908.121 052.59934.98663.401 061.44
Solvency
Equity ratio30.9 %46.5 %48.7 %56.8 %56.0 %
Gearing5.9 %0.2 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.40.71.0
Current ratio1.41.91.92.32.1
Cash and cash equivalents719.99716.54426.82865.021 934.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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