Bitworks Software Solutions ApS — Credit Rating and Financial Key Figures

Bitworks Software Solutions ApS (CVR number: 43936867) is a company from ASSENS. The company recorded a gross profit of 1151.9 kDKK in 2024. The operating profit was 91 kDKK, while net earnings were 69.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 79.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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. Bitworks Software Solutions 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.