Bitfr0st ApS — Credit Rating and Financial Key Figures

Bitfr0st ApS (CVR number: 37891495) is a company from KØBENHAVN. The company recorded a gross profit of 36.5 kDKK in 2020, demonstrating a decline of -46 % compared to the previous year. The operating profit was 10.5 kDKK, while net earnings were -1.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent but Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bitfr0st ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.