SPORTBIZ ApS — Credit Rating and Financial Key Figures

SPORTBIZ ApS (CVR number: 30349296) is a company from HERLEV. The company recorded a gross profit of 2019.9 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were 344.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. SPORTBIZ ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.