Bit Enterprises 2 IVS

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CVR 38653733Hjortholms Allé 36, 2400 København NVVirksomhedsrådgivning og anden rådgivning om driftsledelse· NACE 702200Est. 2017 · 9 years old1 employees

Overview

Bit Enterprises 2 IVS is a Danish IVS based in København NV, operating in the Virksomhedsrådgivning og anden rådgivning om driftsledelse sector. Incorporated in 2017, the company has 1 employee and reported revenue of DKK 179.0k in its latest annual filing.

Revenue 2017

179K DKK

EBITDA margin

30.7 %

Net profit 2017

42.8K DKK

1 employees

Key ratios

See full ratios →

69.1 %

Strong

Among the 40% highest rated companies in the industry

20172017

3.2×

Strong

Among the 40% highest rated companies in the industry

20172017

69.1 %

Very strong

Among the 10% highest rated companies in the industry

20172017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Revenue	179K DKK	—
EBITDA	54.9K DKK	—
Net profit	42.8K DKK	—
Total assets	62K DKK	—
Equity	42.8K DKK	—
Employees	1	—

Contact

Address

Hjortholms Allé 36, 2400 København NV

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2017), Bit Enterprises 2 IVS reported revenue of DKK 179.0k. The bottom line showed a net profit of DKK 42.8k, and the EBITDA margin stood at 30.7%.

At the end of 2017, equity financed 69.1% of the balance sheet, and current assets covered short-term debt 3.2 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017
Revenue	179
Staff expenses	-43
EBITDA	55
Depreciation & amort.	-0
EBIT	55
Net financials	0
Profit before tax	55
Tax	12
Net profit	43

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Balance sheet

DKK thousands

Item	2017
Total assets	62
Equity	43
Long-term debt	0
Short-term debt	19
Total debt	19

Financial ratios

5-year trend

EBITDA margin

30.7 %

20172017

Equity ratio

69.1 %

Strong

Among the 40% highest rated companies in the industry

20172017

Return on equity

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20172017

Net profit margin

23.9 %

Strong

Among the 40% highest rated companies in the industry

20172017

Asset turnover

2.89×

Very strong

Among the 20% highest rated companies in the industry

20172017

Debt / equity

0.45×

Average

Around the average of companies in the same industry

20172017

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 30% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginStrong

Among the 40% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

One-year change in debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2017
Filed via CVR / Virk · Period 2017-05-19 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


RG Rasmus Groth Management	Management	2017 – 2019

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Rasmus Groth	Individual	100%	100%	2017

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Bit Enterprises 2 IVS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Bit Enterprises 2 IVS?

Bit Enterprises 2 IVS is registered with CVR / Virk under CVR 38653733.

What is the revenue of Bit Enterprises 2 IVS?

Bit Enterprises 2 IVS reported revenue of DKK 179.0k in 2017.

How many employees does Bit Enterprises 2 IVS have?

Bit Enterprises 2 IVS employs 1 people as of the latest annual report.

Where is Bit Enterprises 2 IVS headquartered?

Bit Enterprises 2 IVS's registered address is Hjortholms Allé 36, 1..