BITSCH AUTOMATSERVICE A/S — Credit Rating and Financial Key Figures

BITSCH AUTOMATSERVICE A/S (CVR number: 16676497) is a company from VIBORG. The company recorded a gross profit of 801.7 kDKK in 2023. The operating profit was 78.8 kDKK, while net earnings were 60.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. BITSCH AUTOMATSERVICE A/S's liquidity measured by quick ratio was 2.4 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.