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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  3.7% 3.7% 3.7% 3.7% 3.7%  
Bankruptcy risk  6.8% 9.1% 7.3% 8.5% 6.1%  
Credit score (0-100)  36 27 32 28 37  
Credit rating  BBB BB BBB BB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 -0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  470 313 564 1,005 1,966  
EBITDA  -66.4 -44.5 -917 -1,441 -564  
EBIT  -66.4 -44.5 -933 -1,490 -636  
Pre-tax profit (PTP)  -67.3 -52.4 -1,077.3 -1,685.6 -923.6  
Net earnings  -67.3 -52.4 -1,077.3 -1,685.6 -923.6  
Pre-tax profit without non-rec. items  -67.3 -52.4 -1,077 -1,686 -924  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 141 234 174  
Shareholders equity total  188 140 1,261 -424 -1,348  
Interest-bearing liabilities  60.0 0.0 3,102 3,267 3,547  
Balance sheet total (assets)  353 430 4,872 3,345 3,218  

Net Debt  -79.9 -174 -953 1,544 2,281  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  470 313 564 1,005 1,966  
Gross profit growth  0.0% -33.4% 80.0% 78.2% 95.7%  
Employees  0 2 4 6 7  
Employee growth %  0.0% 0.0% 100.0% 50.0% 16.7%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  353 430 4,872 3,345 3,218  
Balance sheet change%  0.0% 22.0% 1,031.9% -31.3% -3.8%  
Added value  -66.4 -44.5 -917.2 -1,473.5 -564.1  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  0 0 124 45 163  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -1.0 -2.0 -3.0 -4.0 -5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -14.1% -14.2% -165.6% -148.3% -32.3%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  -18.8% -11.4% -35.2% -34.5% -15.2%  
ROI %  -35.4% -27.1% -41.5% -39.0% -18.6%  
ROE %  -35.8% -31.9% -153.7% -73.2% -28.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  39.7% 32.6% 25.9% -11.3% -29.5%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  120.3% 391.4% 103.9% -107.1% -404.4%  
Gearing %  32.0% 0.0% 245.9% -770.1% -263.2%  
Net interest  0 0 0 0 0  
Financing costs %  3.0% 26.5% 9.3% 6.2% 8.5%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.5 1.0 8.7 4.7 1.4  
Current Ratio  1.8 1.3 9.2 6.1 1.8  
Cash and cash equivalent  139.9 174.0 4,054.4 1,723.4 1,266.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  138.3 90.4 4,172.3 2,557.9 1,211.4  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 -22 -229 -246 -81  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 -22 -229 -240 -81  
EBIT / employee  0 -22 -233 -248 -91  
Net earnings / employee  0 -26 -269 -281 -132