Byers Technology ApS — Credit Rating and Financial Key Figures

Byers Technology ApS (CVR number: 38176188) is a company from AARHUS. The company recorded a gross profit of 334.6 kDKK in 2018. The operating profit was -138.1 kDKK, while net earnings were -139.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.3 %, which can be considered poor and Return on Equity (ROE) was -149.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. Byers Technology ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.