Cycling & Business ApS — Credit Rating and Financial Key Figures

CVR number: 43382063
St Blichersgade 25, 9700 Brønderslev
info@cyclingbusiness.dk
tel: 53696999
www.cyclingbusiness.dk

Company information

Official name
Cycling & Business ApS
Personnel
2 persons
Established
2022
Company form
Private limited company
Industry

About Cycling & Business ApS

Cycling & Business ApS (CVR number: 43382063) is a company from Brønderslev. The company recorded a gross profit of 471.8 kDKK in 2024. The operating profit was 13.8 kDKK, while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. Cycling & Business ApS's liquidity measured by quick ratio was 3.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit423.27471.79
EBIT97.7213.83
Net earnings73.098.34
Shareholders equity total113.09121.43
Balance sheet total (assets)947.14941.78
Net debt- 396.56- 585.71
Profitability
EBIT-%
ROA10.3 %1.5 %
ROE64.6 %7.1 %
ROI68.0 %9.9 %
Economic value added (EVA)73.201.46
Solvency
Equity ratio32.6 %34.3 %
Gearing27.1 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.83.6
Current ratio1.11.0
Cash and cash equivalents427.25601.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:1.46%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.3%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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