BIKE THE CITY ApS — Credit Rating and Financial Key Figures

BIKE THE CITY ApS (CVR number: 33582366) is a company from KØBENHAVN. The company recorded a gross profit of 1.6 kDKK in 2017. The operating profit was 0.6 kDKK, while net earnings were -0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. BIKE THE CITY ApS's liquidity measured by quick ratio was 2.6 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.