Bycyklen IT ApS — Credit Rating and Financial Key Figures

Bycyklen IT ApS (CVR number: 38501542) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2021, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 37.5 % (EBIT: 0 mDKK), while net earnings were 5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bycyklen IT ApS's liquidity measured by quick ratio was 2.2 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.