cargobikenordic ApS — Credit Rating and Financial Key Figures

cargobikenordic ApS (CVR number: 41722347) is a company from HOLBÆK. The company recorded a gross profit of -9.1 kDKK in 2023. The operating profit was -9.1 kDKK, while net earnings were -9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -32.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. cargobikenordic ApS's liquidity measured by quick ratio was 1.5 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.