Cycling & Business ApS — Credit Rating and Financial Key Figures

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.