Biten Invest ApS — Credit Rating and Financial Key Figures

CVR number: 39893606
Remstrupvej 41, 8600 Silkeborg
egsejendomme@yahoo.dk
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Company information

Official name
Biten Invest ApS
Established
2018
Company form
Private limited company
Industry

About Biten Invest ApS

Biten Invest ApS (CVR number: 39893606) is a company from SILKEBORG. The company recorded a gross profit of -31.4 kDKK in 2022. The operating profit was -31.4 kDKK, while net earnings were 162.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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. Biten Invest ApS's liquidity measured by quick ratio was 3.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
Volume
Net sales
Gross profit-96.13-15.70-15.24-31.40
EBIT-96.13-15.70-15.24-31.40
Net earnings-80.96-39.84-31.45162.78
Shareholders equity total-30.96-70.80- 102.2560.53
Balance sheet total (assets)1 792.987 116.9410 878.4584.28
Net debt-24.12-5.59-0.24-84.28
Profitability
EBIT-%
ROA-4.3 %3.7 %4.1 %9.3 %
ROE-4.5 %-0.9 %-0.3 %3.0 %
ROI1702.0 %
Economic value added (EVA)-76.27-7.76-10.78-26.25
Solvency
Equity ratio-1.7 %-1.0 %-0.9 %71.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.03.5
Current ratio1.01.01.03.5
Cash and cash equivalents24.125.590.2484.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBC

Variable visualization

ROA:9.31%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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